FEDERAL · 31 U.S.C. · Chapter 67

Adjustments of local government allocations

Current through Pub. L. 119-102
Title 31Money and Finance·Ch. 67 — FEDERAL PAYMENTS
(a)Maximum Amount.—The amount allocated to a unit of general local government for a payment period may not exceed the adjusted taxes imposed by the unit of general local government as determined under section 6705(b)(3).1 Amounts in excess of adjusted taxes shall be paid to the Governor of the State in which the unit of local government is located.
(b)De Minimis Allocations to Units of General Local Government.—If the amount allocated to a unit of general local government (except an Indian tribe or an Alaskan native 2 village) for a payment period would be less than $5,000 but for this subsection or is waived by the governing authority of the unit of general local government, the Secretary shall pay the amount to the Governor of the State in which the unit is located.
(c)Use of Payments

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31 U.S.C. § 6708 (Adjustments of local government allocations) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Related

§ 6705
31 U.S.C. § 6705
§ 6701
31 U.S.C. § 6701

Source Credit

History

(Added Pub. L. 103–322, title III, §31001(a), Sept. 13, 1994, 108 Stat. 1872.)

Editorial Notes

Editorial Notes

Prior Provisions
A prior section 6708, Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 1017, related to county area and county 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.