34 U.S.C. § 10515

Current through P.L. 118-106 (published on www.congress.gov on 10/04/2024)

Section 10515 - Restrictions on use of funds

(a) Federal share

The Federal share of a grant, contract, or cooperative agreement made under this subchapter may not exceed 75 percent of the total costs of the project described in the application submitted for the fiscal year for which the project receives assistance.

(b) Administrative costs

A State or unit of local government may not use more than 10 percent of the funds it receives from ¹ this subchapter for administrative expenses.

¹ So in original. Probably should be "under".

34 U.S.C. § 10515

Pub. L. 90-351, title I, §2405, as added Pub. L. 103-322, §210302, 108 Stat. 2067.

EDITORIAL NOTES

CODIFICATIONSection was formerly classified to section 3796kk-4 of Title 42, The Public Health and Welfare, prior to editorial reclassification and renumbering as this section.