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Code · STATUTE-COMPILATIONS · Compilation 9840 · Sec. 2063

Sec. 2063. definitions

233 words·~1 min read·/statute-compilations/comps-9840/sec-2063

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## Sec. 2063 definitions **[**[42 U.S.C. 1397n–12](/us/usc/t42/s1397n–12)**]** In this subtitle: ####
(1)Agency The term “**agency**” has the meaning given that term in section 551 of title 5, United States Code. ####
(2)Intervention The term “**intervention**” means a specific service delivered to achieve an impact through a social impact partnership project. ####
(3)Secretary The term “**Secretary**” means the Secretary of the Treasury. ####
(4)Social impact partnership project The term “**social impact partnership project**” means a project that finances social services using a social impact partnership model. ####
(5)Social impact partnership model The term “**social impact partnership model**” means a method of financing social services in which— #####
(A)Federal funds are awarded to a State or local government only if a State or local government achieves certain outcomes agreed on by the State or local government and the Secretary; and #####
(B)the State or local government coordinates with service providers, investors (if applicable to the project), and (if necessary) an intermediary to identify— ######
(i)an intervention expected to produce the outcome; ######
(ii)a service provider to deliver the intervention to the target population; and ######
(iii)investors to fund the delivery of the intervention. ####
(6)State The term “**State**” means each State of the United States, the District of Columbia, each commonwealth, territory or possession of the United States, and each federally recognized Indian tribe.
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  • 42 USC 1397n–12
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