15-U.S.C.-6906
§6906 – Matching Requirements
Pathway
Title 15 > Chapter 95 > Section 6906
Details
- Reference: Section 6906
- Legend: §6906 – Matching Requirements
- USCode Year: 2013
Provision Content
(a) In general
Financial assistance under this chapter shall be matched with funds from sources other than the Federal Government on the basis of not less than 50 percent of each dollar provided by the Administration.
(b) Sources of matching funds
Fees, grants, gifts, funds from loan sources, and in-kind resources of a grant recipient from public or private sources may be used to comply with the matching requirement in subsection (a) of this section.
(c) Exception
(1) In general
In the case of an applicant for assistance under this chapter with severe constraints on available sources of matching funds, the Administrator may reduce or eliminate the matching requirements of subsection (a) of this section.
(2) Limitation
Not more than 10 percent of the total funds made available from the Administration in any fiscal year to carry out this chapter may be excepted from the matching requirements of subsection (a) of this section, as authorized by paragraph (1) of this subsection.
(Pub. L. 103–325, title I, §177, as added Pub. L. 106–102, title VII, §725, Nov. 12, 1999, 113 Stat. 1474.)
U.S. Encyclopedia of Law Coverage
15-U.S.C.-6901 in the Legal Encyclopedia: Trade Law
In this entry about 15-U.S.C.-6901, find legal reference material, bibliographies and premiere content related to trade law in the American Encyclopedia of Law, presenting a comprehensive view of the United States trade law-specific issues, written by authorities in the field.
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