Source: https://www.law.cornell.edu/uscode/text/20/1234h?qt-us_code_tabs=1
Timestamp: 2016-02-06 21:28:20
Document Index: 20680402

Matched Legal Cases: ['§ 1234', '§\u202f1234', '§\u202f459', '§\u202f3501', '§\u202f250', '§\u202f250', '§\u202f250']

20 U.S. Code § 1234h - Use of recovered funds | US Law | LII / Legal Information Institute
§ 1234h.
(a) Repayment to recipient; factors consideredWhenever the Secretary recovers funds paid to a recipient under a grant or cooperative agreement made under an applicable program because the recipient made an expenditure of funds that was not allowable, or otherwise failed to discharge its responsibility to account properly for funds, the Secretary may consider those funds to be additional funds available for that program and may arrange to repay to the recipient affected by that action an amount not to exceed 75 percent of the recovered funds if the Secretary determines that—
(b) Terms and conditions of repaymentAny payments by the Secretary under this section shall be subject to such other terms and conditions as the Secretary considers necessary to accomplish the purposes of the affected programs, including—
(c) Availability of fundsNotwithstanding any other provisions of law, the funds made available under this section shall remain available for expenditure for a period of time deemed reasonable by the Secretary, but in no case to exceed more than three fiscal years following the later of—
the fiscal year in which final agency action under section 1234a(e) of this title is taken; or
(Pub. L. 90–247, title IV, § 459, as added Pub. L. 100–297, title III, § 3501(a), Apr. 28, 1988, 102 Stat. 356; amended Pub. L. 103–382, title II, § 250(b), Oct. 20, 1994, 108 Stat. 3927.)
1994—Subsec. (a)(1). Pub. L. 103–382, § 250(b)(1), inserted before semicolon “, provided that the recipient was notified of any noncompliance with such requirements and given a reasonable period of time to remedy such noncompliance”.
Subsec. (c). Pub. L. 103–382, § 250(b)(2), amended subsec. (c) generally. Prior to amendment, subsec. (c) read as follows: “Notwithstanding any other provisions of law, the funds made available under this section shall remain available for expenditure for a period of time deemed reasonable by the Secretary, but in no case to exceed more than 3 fiscal years following the fiscal year in which final agency action under section 1234a(e) of this title is taken.”