FEDERAL · 15 U.S.C. · Chapter 95

Matching requirements

15 U.S.C. § 6906
Title15Commerce and Trade
Chapter95 — MICROENTERPRISE TECHNICAL ASSISTANCE AND CAPACITY BUILDING PROGRAM

This text of 15 U.S.C. § 6906 (Matching requirements) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
15 U.S.C. § 6906.

Text

(a)In general Financial assistance under this chapter shall be matched with funds from sources other than the Federal Government on the basis of not less than 50 percent of each dollar provided by the Administration.
(b)Sources of matching funds Fees, grants, gifts, funds from loan sources, and in-kind resources of a grant recipient from public or private sources may be used to comply with the matching requirement in subsection (a).
(c)Exception In the case of an applicant for assistance under this chapter with severe constraints on available sources of matching funds, the Administrator may reduce or eliminate the matching requirements of subsection (a). Not more than 10 percent of the total funds made available from the Administration in any fiscal year to carry out this chapter may be

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History

(Pub. L. 103–325, title I, §177, as added Pub. L. 106–102, title VII, §725, Nov. 12, 1999, 113 Stat. 1474.)

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Bluebook (online)
15 U.S.C. § 6906, Counsel Stack Legal Research, https://law.counselstack.com/usc/15/6906.