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§ 3154c. Direct expenditure or redistribution by recipient

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Release point 116-252 · current through 12/22/2020

§ 3154c.

Direct expenditure or redistribution by recipient

(a)

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.

(b)

Limitation

A recipient may not redistribute grant funds received under section 3141 or 3143 of this title to a for-profit entity.

(c)

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.

(d)

Limitation

Under subsection (c), a recipient may not provide any grant to a private for-profit entity.

Source(Pub. L. 89–136, title II, § 217, as added Pub. L. 108–373, title II, § 212(a),
Oct. 27, 2004
, 118 Stat. 1766.)

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Citation URL: /us/usc/t42/s3154c?release=116-252