Sec. 402A. COST-SHARE REQUIREMENT
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## SEC. 402A COST-SHARE REQUIREMENT **[**[16 U.S.C. 2202a](/us/usc/t16/s2202a)**]** ###
(a)Cost-share Rate Subject to subsections
(b)and (c), the maximum cost-share payment under sections 401 and 402 shall not exceed 75 percent of the total allowable cost, as determined by the Secretary. ###
(b)Exception Notwithstanding subsection (a), a payment to a limited resource farmer or rancher, a socially disadvantaged farmer or rancher (as defined in subsection
(a)of section 2501 of the Food, Agriculture, Conservation, and Trade Act of 1990 (7 U.S.C. 2279), or a beginning farmer or rancher under section 401 or 402 shall not exceed 90 percent of the total allowable cost, as determined by the Secretary. ###
(c)Limitation The total payment under sections 401 and 402 for a single event may not exceed 50 percent of the agriculture value of the land, as determined by the Secretary.
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