Title 42 — The Public Health and Welfare
Chapter 38 — Public Works and Economic Development
§ 3154c. Direct expenditure or redistribution by recipient
Statutory text
In general
Subject to subsection (b), a recipient of a grant under section 3141, 3143, or 3147 of this title may directly expend the grant funds or may redistribute the funds in the form of a subgrant to other eligible recipients to fund required components of the scope of work approved for the project.
Limitation
A recipient may not redistribute grant funds received under section 3141 or 3143 of this title to a for-profit entity.
Economic adjustment
Subject to subsection (d), a recipient of a grant under section 3149 of this title may directly expend the grant funds or may redistribute the funds to public and private entities in the form of a grant, loan, loan guarantee, payment to reduce interest on a loan guarantee, or other appropriate assistance.
Limitation
Under subsection (c), a recipient may not provide any grant to a private for-profit entity.
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.
Public Works and Economic Development Act of 1965
Pub. L. 89–136 title II § 217 · 79 Stat. 552
Enacted · 42 U.S.C. § 3154c
(Pub. L. 89–136, title II, § 217, as added Pub. L. 108–373, title II, § 212(a), Oct. 27, 2004, 118 Stat. 1766.)
Source evidence
Code source credit
(Pub. L. 89–136, title II, § 217, as added Pub. L. 108–373, title II, § 212(a), Oct. 27, 2004, 118 Stat. 1766.)
0 of 1 references resolved to an enrolled provision · 1 partial
Credits
(Pub. L. 89–136, title II, § 217, as added Pub. L. 108–373, title II, § 212(a), , 118 Stat. 1766.)