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42 U.S.C. § 296c — Matching requirement

submitted 82 years ago by Pub. L. 105-392 to r/title-42-THE-PUBLIC-HEALTH-AND-WELFARE · 68 words · no verdicts yet

in plain englishAI-generated · not legal advice

The Secretary can require nursing grant or contract applicants to also put in their own non-federal money. This shows they are truly committed to the funded project. The matching funds can be cash or fairly valued items or services.

The Secretary may require an entity that applies for a grant or contract under this subchapter to provide non-federal matching funds, as appropriate, to make sure the entity is genuinely committed to the projects funded by the grant. These matching funds may be provided directly by the entity or through donations from public or private entities, and may be in cash or in-kind — meaning fairly valued items or services, such as plant, equipment, or services.
the actual law source: uscode.house.gov ↗public domain

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. 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 VIII, § 804, as added Pub. L. 105–392, title I, § 123(4), Nov. 13, 1998, 112 Stat. 3565.)

history & why it existsrecord from the source credit
  • 1944Enacted · Pub. L. 105-392 · 112 Stat. 3565

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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