FEDERAL · 31 U.S.C. · Chapter 67

Income gap multiplier

Current through Pub. L. 119-99
Title 31Money and Finance·Ch. 67 — FEDERAL PAYMENTS

For purposes of determining the income gap of a unit of general local government under section 6705(b)(4)(A),1 the number which applies is—

(1)1.6, with respect to ½ of any amount allocated under section 6704 to the State in which the unit is located; and
(2)1.2, with respect to the remainder of such amount.

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31 U.S.C. § 6706 (Income gap multiplier) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Related

§ 6705
31 U.S.C. § 6705
§ 6704
31 U.S.C. § 6704

Source Credit

History

(Added Pub. L. 103–322, title III, §301001(a), Sept. 13, 1994, 108 stat. 1871.)

Editorial Notes

Editorial Notes

Prior Provisions
A prior section 6706, Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 1014, related to reductions in State government allocations, prior to repeal by Pub. L. 99–272, title XIV, §14001(a)(1), (e), Apr. 7, 1986, 100 Stat. 327, 329, eff. Oct. 18, 1986.