49 USC 70302: Grant authority
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49 USC 70302: Grant authority Text contains those laws in effect on January 4, 1995
From Title 49-TRANSPORTATIONSUBTITLE IX-COMMERCIAL SPACE TRANSPORTATIONCHAPTER 703-SPACE TRANSPORTATION INFRASTRUCTURE MATCHING GRANTS
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§70302. Grant authority

(a) General Authority.-To ensure the resiliency of the space transportation infrastructure of the United States, the Secretary of Transportation may make project grants to sponsors as provided in this chapter.

(b) Limitations.-The Secretary may make a project grant under this chapter only if-

(1) at least 10 percent of the total cost of the project will be paid by the private sector; and

(2) the grant will not be for more than 50 percent of the total cost of the project.

( Pub. L. 103–272, §1(e), July 5, 1994, 108 Stat. 1343 .)

Historical and Revision Notes
Revised SectionSource (U.S. Code)Source (Statutes at Large)
70302(a) 15:5804(b) (1st sentence). Nov. 4, 1992, Pub. L. 102–588, §505(b) (1st sentence), (f), 106 Stat. 5125 , 5127.
70302(b) 15:5804(f).

In subsection (a), the words "of the United States" are substituted for "Nation's" for consistency.