Source: http://www.law.cornell.edu/uscode/text/42/3144?quicktabs_8=1
Timestamp: 2014-07-23 08:35:16
Document Index: 279860312

Matched Legal Cases: ['§ 3144', '§ 3144', '§ 3144', '§ 204', '§ 102', '§ 202', '§ 204', '§ 109', '§ 201', '§ 1', '§ 1821', '§ 102', '§ 202', '§ 202', '§ 202', 'art 301']

42 U.S. Code § 3144 - Cost sharing | LII / Legal Information Institute
U.S. Code › Title 42 › Chapter 38 › Subchapter II › § 3144 42 U.S. Code § 3144 - Cost sharing
Federal share Except as provided in subsection (c) of this section, the Federal share of the cost of any project carried out under this subchapter shall not exceed—
50 percent; plus
an additional percent that—
shall not exceed 30 percent; and
is based on the relative needs of the area in which the project will be located, as determined in accordance with regulations promulgated by the Secretary.
Non-Federal share In determining the amount of the non-Federal share of the cost of a project, the Secretary may provide credit toward the non-Federal share for all contributions both in cash and in-kind, fairly evaluated, including contributions of space, equipment, assumptions of debt, and services.
Increase in Federal share (1)
Indian tribes In the case of a grant to an Indian tribe for a project under this subchapter, the Secretary may increase the Federal share above the percentage specified in subsection (a) of this section up to 100 percent of the cost of the project.
Certain States, political subdivisions, and nonprofit organizations In the case of a grant to a State, or a political subdivision of a State, that the Secretary determines has exhausted the effective taxing and borrowing capacity of the State or political subdivision, or in the case of a grant to a nonprofit organization that the Secretary determines has exhausted the effective borrowing capacity of the nonprofit organization, the Secretary may increase the Federal share above the percentage specified in subsection (a) of this section up to 100 percent of the cost of the project.
Training, research, and technical assistance In the case of a grant provided under section 3147 of this title, the Secretary may increase the Federal share above the percentage specified in subsection (a) of this section up to 100 percent of the cost of the project if the Secretary determines that the project funded by the grant merits, and is not feasible without, such an increase.
(Pub. L. 89–136, title II, § 204, as added Pub. L. 105–393, title I, § 102(a),Nov. 13, 1998, 112 Stat. 3603; amended Pub. L. 108–373, title II, § 202,Oct. 27, 2004, 118 Stat. 1759.)
A prior section 3144,Pub. L. 89–136, title II, § 204, as added Pub. L. 94–487, title I, § 109,Oct. 12, 1976, 90 Stat. 2333; amended Pub. L. 96–470, title I, § 201(d),Oct. 19, 1980, 94 Stat. 2241; Pub. L. 96–506, § 1(4),Dec. 8, 1980, 94 Stat. 2745; Pub. L. 97–35, title XVIII, § 1821(a)(3),Aug. 13, 1981, 95 Stat. 766, authorized interest free loans to carry out approved redevelopment area plans, prior to repeal by Pub. L. 105–393, § 102(a).
2004—Subsec. (a). Pub. L. 108–373, § 202(a), added subsec. (a) and struck out heading and text of former subsec. (a). Text read as follows: “Subject to section 3145 of this title, the amount of a grant for a project under this subchapter shall not exceed 50 percent of the cost of the project.”
Subsec. (b). Pub. L. 108–373, § 202(b), inserted “assumptions of debt,” after “equipment,”.
Subsec. (c). Pub. L. 108–373, § 202(c), added subsec. (c).
This is a list of parts within the Code of Federal Regulations for which this US Code section provides rulemaking authority.This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.13 CFR - Business Credit and Assistance13 CFR Part 301 - ELIGIBILITY, INVESTMENT RATE AND APPLICATION REQUIREMENTS