Sec. 523. REQUIREMENT OF MATCHING FUNDS

182 words·~1 min read·/statute-compilations/comps-8776/sec-523

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

## SEC. 523 REQUIREMENT OF MATCHING FUNDS **[**290cc–23**]** ###

(a)In General The Secretary may not make payments under section 521 unless, with respect to the costs of providing services pursuant to section 522, the State involved agrees to make available, directly or through donations from public or private entities, non-Federal contributions toward such costs in an amount that is not less than $1 for each $3 of Federal funds provided in such payments. ###

(b)Determination of Amount Non-Federal contributions required in subsection

(a)may be in cash or in kind, fairly evaluated, including plant, equipment, or services. Amounts provided by the Federal Government, or services assisted or subsidized to any significant extent by the Federal Government, shall not be included in determining the amount of such non-Federal contributions. ###

(c)Limitation Regarding Grants by States The Secretary may not make payments under section 521 unless the State involved agrees that the State will not require the entities to which grants are provided pursuant to section 522(a) to provide non-Federal contributions in excess of the non-Federal contributions described in subsection (a).