Sec. 230201. ALLOCATION OF FUNDS FOR COSTS AND GRANTS
255 words·~1 min read·
/statute-compilations/comps-10824/sec-230201A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
## SEC. 230201 ALLOCATION OF FUNDS FOR COSTS AND GRANTS ###
(a)Generally Section 1402(d) of the Victims of Crime Act of 1984 (42 U.S.C. 10601(d)) is amended by— ####
(1)striking paragraph
(2)and inserting the following: > > #### “(2) > > the next $10,000,000 deposited in the Fund shall be available for grants under section 1404A.” > ; ####
(2)striking paragraph
(3)and inserting the following: > > #### “(3) > > Of the remaining amount deposited in the Fund in a particular fiscal year— > > > ##### “(A) > > 48.5 percent shall be available for grants under section 1403; > > > ##### “(B) > > 48.5 percent shall be available for grants under section 1404(a); and > > > ##### “(C) > > 3 percent shall be available for grants under section 1404(c).” > ; ####
(3)striking paragraph
(4)and inserting the following: > > #### “(4) > > The Director may retain any portion of the Fund that was deposited during a fiscal year that is in excess of 110 percent of the total amount deposited in the Fund during the preceding fiscal year as a reserve for use in a year in which the Fund falls below the amount available in the previous year. Such reserve may not exceed $20,000,000.” > ; and ####
(4)striking paragraph (5). ###
(b)Conforming Cross Reference Section 1402(g)(1) of the Victims of Crime Act of 1984 (42 U.S.C. 10601(g)(1)) is amended by striking “(d)(2)(D)” and inserting “(d)(2)”.
Connectionstraces to 1
Traces to 1 document
U.S. Code
Citation graph
cites case law
Sec. 230201
ALLOCATION OF FUNDS FOR COSTS AND GRANTS
Cites 1Cited by 0 across 0 sources