31-U.S.C.-6706

31-U.S.C.-6706

§6706 – Income Gap Multiplier

Pathway

Title 31 > Subtitle V > Chapter 67 > Section 6706

Details

  • Reference: Section 6706
  • Legend: §6706 – Income Gap Multiplier
  • USCode Year: 2013

Provision Content

For purposes of determining the income gap of a unit of general local government under section 6705(b)(4)(A), the number which applies is—

(1) 1.6, with respect to ½ of any amount allocated under section 6704 to the State in which the unit is located; and

(2) 1.2, with respect to the remainder of such amount.

(Added Pub. L. 103–322, title III, §301001(a), Sept. 13, 1994, 108 stat. 1871.)

Prior Provisions

A prior section 6706, Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 1014, related to reductions in State government allocations, prior to repeal by Pub. L. 99–272, title XIV, §14001(a)(1), (e), Apr. 7, 1986, 100 Stat. 327, 329, eff. Oct. 18, 1986.

U.S. Encyclopedia of Law Coverage

31-U.S.C.-6303 in the Legal Encyclopedia: Pubic Finance Administration

In this entry about 31-U.S.C.-6303, find legal reference material, bibliographies and premiere content related to pubic finance administration in the American Encyclopedia of Law, presenting a comprehensive view of the United States pubic finance administration-specific issues, written by authorities in the field.

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