42 U.S.C. § 13284 — Cost-sharing

FEDERAL · 42 U.S.C. · Chapter 134

Cost-sharing

Current through Pub. L. 119-102

Title 42 — The Public Health and Welfare·Ch. 134 — ENERGY POLICY·Subch. IV·Pt. A

(a)Requirement The Secretary shall require at least 50 percent of the costs directly and specifically related to any project under this part to be from non-Federal sources. Such share may be in the form of cash, personnel, services, equipment, and other resources.

(b)Reduction The Secretary may reduce the amount of costs required to be provided by non-Federal sources under subsection (a) if the Secretary determines that the reduction is necessary and appropriate—

(1)considering the technological risks involved in the project; and

(2)in order to meet the objectives of this part.

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(a) Requirement
The Secretary shall require at least 50 percent of the costs directly and specifically related to any project under this part to be from non-Federal sources. Such share may be in the form of cash, personnel, services, equipment, and other resources.
(b) Reduction
The Secretary may reduce the amount of costs required to be provided by non-Federal sources under subsection (a) if the Secretary determines that the reduction is necessary and appropriate—
(1) considering the technological risks involved in the project; and
(2) in order to meet the objectives of this part.

42 U.S.C. § 13284 (Cost-sharing) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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History

(Pub. L. 102–486, title VI, §614, Oct. 24, 1992, 106 Stat. 2903.)