§ 3154b. Planning performance awards

282 words·~1 min read·/usc/title-42/section-3154b

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

(a)In general The Secretary may make a planning performance award in connection with a grant made, on or after October 27, 2004, to an eligible recipient for a project under this subchapter located in an economic development district.

(b)Eligibility The Secretary may make a planning performance award to an eligible recipient under subsection

(a)in connection with a grant for a project if the Secretary determines before closeout of the project that—

(1)the recipient actively participated in the economic development activities of the economic development district in which the project is located;

(2)the project is consistent with the comprehensive economic development strategy of the district;

(3)the recipient worked with Federal, State, and local economic development entities throughout the development of the project; and

(4)the project was completed in accordance with the comprehensive economic development strategy of the district.

(c)Maximum amount The amount of a planning performance award made under subsection

(a)in connection with a grant may not exceed 5 percent of the amount of the grant.

(d)Use of awards A recipient of a planning performance award under subsection

(a)shall use the award to increase the Federal share of the cost of a project under this subchapter.

(e)Federal share Notwithstanding section 3144 of this title, the funds of a planning performance award may be used to pay up to 100 percent of the cost of a project under this subchapter.

(f)Funding The Secretary shall use any amounts made available for economic development assistance programs to carry out this section.

(Pub. L. 89–136, title II, § 216, as added Pub. L. 108–373, title II, § 211(a), Oct. 27, 2004, 118 Stat. 1765.)

Connections10 cite this · traces to 1

Cited by 10 sections · top 8

statutes-at-large

Public Law 108–373
To reauthorize and improve the program authorized by the Public Works and Economic Development Act of 1965

statute-compilations

Sec. 216
PLANNING PERFORMANCE AWARDS

Traces to 1 document

U.S. Code

Cost sharing
§ 3144

3 references not yet in our index

Pub. L. 89–136, title II, § 216
Pub. L. 108–373, title II, § 211(a)
118 Stat. 1765

Citation graph

cites case law

§ 3154b

Planning performance awards

Fed. Reg.×8

Stat. Comp.×1

Stat.×1

U.S.C.§ 3144

Pub. L.Pub. L. 89–136, title II, § 216

Pub. L.Pub. L. 108–373, title II, § 211(a)

Stat.118 Stat. 1765

Cites 4Cited by 10 across 3 sources