FEDERAL · 40 U.S.C. · Chapter 145
Required level of expenditure
Current through Pub. L. 119-102
A State or political subdivision of a State is not eligible to receive benefits under this subtitle unless the aggregate expenditure of state amounts, except expenditures for participation in the Dwight D. Eisenhower System of Interstate and Defense Highways and local and federal amounts, for the benefit of the area within the State located in the Appalachian region is maintained at a level which does not fall below the average level of those expenditures for the State's last two full fiscal years prior to March 9, 1965. In computing the level, a State's past expenditure for participation in the Dwight D. Eisenhower System of Interstate and Defense Highways and expenditures of local and federal amounts shall not be included. The Commission shall recommend to the President a lesser requirem
Free access — add to your briefcase to read the full text and ask questions with AI
40 U.S.C. § 14521 (Required level of expenditure) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Source Credit
History
(Pub. L. 107–217, Aug. 21, 2002, 116 Stat. 1274.)
Editorial Notes
The words "or such Federal officer or officers as the President may designate" are omitted because of 3:301.