FEDERAL · 20 U.S.C. · Chapter 52

Payments; Federal share; limitation

Current through Pub. L. 119-102
Title 20Education·Ch. 52 — EDUCATION FOR ECONOMIC SECURITY·Subch. III·Pt. A
(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 Not more than 15 per centum of the funds appropriated under this part in any fiscal year may be paid to applicants in any single State.

Free access — add to your briefcase to read the full text and ask questions with AI

20 U.S.C. § 3988 (Payments; Federal share; limitation) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Related

§ 3987
20 U.S.C. § 3987

Source Credit

History

(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.)

Editorial Notes

Editorial Notes

Amendments
1988—Subsecs. (a)(3), (b). Pub. L. 100–418 substituted "part" for "subchapter".
1985—Subsec. (a)(1). Pub. L. 99–159 substituted "Secretary" for "Foundation".