§ 10004. Uses of funds by institutions of higher education

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

1. 2009

   American Recovery and Reinvestment Act of 2009

   Pub. L. 111–5 div. A title XIV § 14004 · 123 Stat. 115

   Enacted · 20 U.S.C. § 10004

   (Pub. L. 111–5, div. A, title XIV, § 14004, Feb. 17, 2009, 123 Stat. 281.)

   Source evidence

   Code source credit
   (Pub. L. 111–5, div. A, title XIV, § 14004, Feb. 17, 2009, 123 Stat. 281.)

   Enacted provision · exact public law section
   SEC. 14004. USES OF FUNDS BY INSTITUTIONS OF HIGHER EDUCATION. (a) In General.— A public institution of higher education that receives funds under this title shall use the funds for education and general expenditures, and in such a way as to mitigate the need to raise tuition and fees for in-State students, or for modernization, renovation, or repair of institution of higher education facilities that are primarily used for instruction, research, or student housing, including modernization, renovation, and repairs that are consistent with a recognized green building rating system. (b) Prohibition.— An institution of higher education may not use funds received under this title to increase its endowment. (c) Additional Prohibition.— No funds awarded under this title may be used for— (1) the maintenance of systems, equipment, or facilities; (2) modernization, renovation, or repair of stadiums or other facilities primarily used for athletic contests or exhibitions or other events for which admission is charged to the general public; or (3) modernization, renovation, or repair of facilities— (A) used for sectarian instruction or religious worship; or (B) in which a substantial portion of the functions of the facilities are subsumed in a religious mission.

1 of 1 references resolved to an enrolled provision