54 U.S.C. § 302901 — Awarding of grants and availability of grant funds

FEDERAL · 54 U.S.C. · Chapter 3029

Awarding of grants and availability of grant funds

54 U.S.C. § 302901

Title54 — National Park Service and Related Programs

Chapter3029 — GRANTS

This text of 54 U.S.C. § 302901 (Awarding of grants and availability of grant funds) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

54 U.S.C. § 302901.

Text

(a)In General.—No grant may be made under this division unless application for the grant is submitted to the Secretary in accordance with regulations and procedures prescribed by the Secretary.

(b)Grant Not Treated as Taxable Income.—No grant made pursuant to this division shall be treated as taxable income for purposes of the Internal Revenue Code of 1986 (26 U.S.C. 1 et seq.).

(c)Availability.—The Secretary shall make funding available to individual States and the National Trust as soon as practicable after execution of a grant agreement. For purposes of administration, grants to individual States and the National Trust each shall be deemed to be one grant and shall be administered by the Service as one grant.

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(a) In General.—No grant may be made under this division unless application for the grant is submitted to the Secretary in accordance with regulations and procedures prescribed by the Secretary.
(b) Grant Not Treated as Taxable Income.—No grant made pursuant to this division shall be treated as taxable income for purposes of the Internal Revenue Code of 1986 (26 U.S.C. 1 et seq.).
(c) Availability.—The Secretary shall make funding available to individual States and the National Trust as soon as practicable after execution of a grant agreement. For purposes of administration, grants to individual States and the National Trust each shall be deemed to be one grant and shall be administered by the Service as one grant.

Source Credit

History

(Pub. L. 113–287, §3, Dec. 19, 2014, 128 Stat. 3202.)

Editorial Notes

In subsection (b), the words "Notwithstanding any other provision of law" are omitted as unnecessary.

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Bluebook (online)

54 U.S.C. § 302901, Counsel Stack Legal Research, https://law.counselstack.com/usc/54/302901.