20 USC 3988 - Payments; Federal share; limitation

U.S Code last checked for updates: Nov 22, 2024

§ 3988.

Payments; Federal share; limitation

(a)

Federal and non-Federal shares

(1)

The Secretary shall pay, to each applicant having an application approved under section 3987 of this title, the Federal share of the cost of the program described in the application.

(2)

The Federal share for each fiscal year shall be 50 per centum.

(3)

The non-Federal share of payments under this part may be in cash or in kind, fairly evaluated, including plant, equipment, or services.

(b)

Fiscal year State limitation

(Pub. L. 98–377, title III, § 309, Aug. 11, 1984, 98 Stat. 1286; Pub. L. 99–159, title II, § 231, Nov. 22, 1985, 99 Stat. 900; Pub. L. 100–418, title VI, § 6031(b)(2), Aug. 23, 1988, 102 Stat. 1483.)

cite as: 20 USC 3988