42 U.S.C. § 295o — Matching requirement
submitted 82 years ago by Pub. L. 105-392 to r/title-42-THE-PUBLIC-HEALTH-AND-WELFARE · 73 words · no verdicts yet
The Secretary can require groups getting a grant or contract to also put in their own non-federal money. This shows the group is truly committed to the project. That matching money can be cash or fairly valued items or services.
The Secretary* may require that an entity that applies for a grant or contract under this subchapter provide non-Federal matching funds, as appropriate, to ensure the institutional commitment of the entity to the projects funded under the grant. As determined by the Secretary, such non-Federal matching funds may be provided directly or through donations from public or private entities and may be in cash or in-kind, fairly evaluated, including plant, equipment, or services.
Source credit: (July 1, 1944, ch. 373, title VII, § 798, as added Pub. L. 105–392, title I, § 106(a)(2)(F), Nov. 13, 1998, 112 Stat. 3558.)
- 1944Enacted · Pub. L. 105-392 · 112 Stat. 3558
A history note hasn’t been published yet. The record shows enactment by Pub. L. 105-392 on 1944-07-01.
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