Sec. 2405. RESTRICTIONS ON USE OF FUNDS
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/statute-compilations/comps-1696/sec-2405A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
## SEC. 2405 RESTRICTIONS ON USE OF FUNDS **[**[34 U.S.C. 10515](/us/usc/t34/s10515)**]** ###
(a)Federal Share The Federal share of a grant, contract, or cooperative agreement made under this part may not exceed 75 percent of the total costs of the project described in the application submitted for the fiscal year for which the project receives assistance. ###
(b)Administrative Costs A State or unit of local government may not use more than 10 percent of the funds it receives from this part for administrative expenses.
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Sec. 2405
RESTRICTIONS ON USE OF FUNDS
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