25-U.S.C.-1835
§1835 – Allocation of Funds
Pathway
Title 25 > Chapter 20 > Subchapter II > Section 1835
Details
- Reference: Section 1835
- Legend: §1835 – Allocation of Funds
- USCode Year: 2013
Provision Content
(a) From the amount appropriated pursuant to section 1836 of this title, the Secretary shall allocate to each tribally controlled college or university which is eligible for an endowment grant under this subchapter an amount for a Federal capital contribution equal to twice the value of the property or the amount which such college or university demonstrates has been placed within the control of, or irrevocably committed to the use of, the college or university and is available for deposit as a capital contribution of that college or university in accordance with section 1832(b)(2)(B) of this title, except that the maximum amount which may be so allocated to any such college or university for any fiscal year shall not exceed $750,000.
(b) If for any fiscal year the amount appropriated pursuant to section 1836 of this title is not sufficient to allocate to each tribally controlled college or university an amount equal to twice the value of the property or the amount demonstrated by such college or university pursuant to subsection (a) of this section, then the amount of the allocation to each such college or university shall be ratably reduced.
(Pub. L. 95–471, title III, §305, as added Pub. L. 98–192, §13, Dec. 1, 1983, 97 Stat. 1342; amended Pub. L. 101–477, §1(d)(1)(D), (E), Oct. 30, 1990, 104 Stat. 1153; Pub. L. 105–244, title IX, §901(b)(5), (7), (12), (14), Oct. 7, 1998, 112 Stat. 1828.)
Amendments
1998—Subsec. (a). Pub. L. 105–244 substituted controlled college or university for controlled community college, such college or university for such college in two places, the college or university for the college, and that college or university for that college.
Subsec. (b). Pub. L. 105–244, §901(b)(5), (7), substituted controlled college or university for controlled community college and substituted such college or university for such college in two places.
1990—Pub. L. 101–477 inserted twice the value of the property or after equal to in subsecs. (a) and (b) and substituted $750,000 for $350,000 in subsec. (a).
Effective Date of 1998 Amendment
Amendment by Pub. L. 105–244 effective Oct. 1, 1998, except as otherwise provided in Pub. L. 105–244, see section 3 of Pub. L. 105–244, set out as a note under section 1001 of Title 20, Education.
Effective Date of 1990 Amendment
Amendment by Pub. L. 101–477 effective Oct. 1, 1991, see section 1(d)(2) of Pub. L. 101–477, set out as a note under section 1832 of this title.
U.S. Encyclopedia of Law Coverage
25-U.S.C.-1814 in the Legal Encyclopedia: Indians
In this entry about 25-U.S.C.-1814, find legal reference material, bibliographies and premiere content related to indians in the American Encyclopedia of Law, presenting a comprehensive view of the United States indians-specific issues, written by authorities in the field.
25-U.S.C.-1804A in the Legal Encyclopedia: Tribally Controlled Education
In this entry about 25-U.S.C.-1804A, find legal reference material, bibliographies and premiere content related to tribally controlled education in the American Encyclopedia of Law, presenting a comprehensive view of the United States tribally controlled education-specific issues, written by authorities in the field.
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