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42 U.S.C. § 286b–8Grant payments, records, and audit

submitted 82 years ago by Pub. L. 99-158 to r/title-42-THE-PUBLIC-HEALTH-AND-WELFARE · 173 words · no verdicts yet

in plain englishAI-generated · not legal advice

This law sets rules for paying out and tracking library-related grants. Grants can be paid upfront or through reimbursement, in installments the Secretary sets. Recipients must keep detailed records that government auditors can inspect.

(a) Payments under grants made under sections 286b–3, 286b–4, 286b–5, 286b–6, and 286b–7 can be made in advance, or by way of reimbursement after costs are paid. The Secretary decides the installment schedule by regulation, after consulting the Board. (b) Every grant recipient under this subpart must keep records the Secretary requires. These records must fully show how much grant money was received and how it was spent, the total cost of the project, how much of that cost came from other sources, and anything else needed for an effective audit. The Secretary and the Comptroller General of the United States — or anyone they properly authorize — can access a recipient's books, documents, papers, and records for audit and examination, as long as those records relate to a grant received under this subpart.
the actual law source: uscode.house.gov ↗public domain
(a)

Payments under grants made under sections 286b–3, 286b–4, 286b–5, 286b–6, and 286b–7 of this title may be made in advance or by way of reimbursement and in such installments as the Secretary shall prescribe by regulation after consultation with the Board.

(b)
(1)

Each recipient of a grant under this subpart shall keep such records as the Secretary shall prescribe, including records which fully disclose the amount and disposition by such recipient of the proceeds of such grant, the total cost of the project or undertaking in connection with which such grant is given or used, and the amount of that portion of the cost of the project or undertaking supplied by other sources, and such other records as will facilitate an effective audit.

(2)

The Secretary and the Comptroller General of the United States, or any of their duly authorized representatives, shall have access for the purpose of audit and examination to any books, documents, papers, and records of such recipients that are pertinent to any grant received under this subpart.

Source credit: (July 1, 1944, ch. 373, title IV, § 477, as added Pub. L. 99–158, § 2, Nov. 20, 1985, 99 Stat. 863.)

history & why it existsrecord from the source credit
  • 1944Enacted · Pub. L. 99-158 · 99 Stat. 863

A history note hasn’t been published yet. The record shows enactment by Pub. L. 99-158 on 1944-07-01.

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