§ 20903. Guaranteed minimum payment amount
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/usc/title-52/section-20903A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)In general In addition to any other payments made under this subchapter, the Administrator shall make a payment to each State to which a payment is made under either section 20901 or 20902 of this title and with respect to which the aggregate amount paid under such sections is less than $5,000,000 in an amount equal to the difference between the aggregate amount paid to the State under sections 20901 and 20902 of this title and $5,000,000. In the case of the Commonwealth of Puerto Rico, Guam, American Samoa, and the United States Virgin Islands, the previous sentence shall be applied as if each reference to “$5,000,000” were a reference to “$1,000,000”.
(b)Pro rata reductions The Administrator shall make such pro rata reductions to the amounts described in sections 20901(d) and 20902(c) of this title as are necessary to comply with the requirements of subsection (a).
(Pub. L. 107–252, title I, § 103, Oct. 29, 2002, 116 Stat. 1672.)
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- Pub. L. 107–252, title I, § 103
- 116 Stat. 1672
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§ 20903
Guaranteed minimum payment amount
U.S.C.×3
Bills×1
Stat. Comp.×1
Pub. L.Pub. L. 107–252, title I, § 103
Stat.116 Stat. 1672
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