20 USC 8071e: Limitation on administrative costs

20 USC 8071e: Limitation on administrative costs Text contains those laws in effect on January 2, 2001

From Title 20-EDUCATIONCHAPTER 70-STRENGTHENING AND IMPROVEMENT OF ELEMENTARY AND SECONDARY SCHOOLSSUBCHAPTER X-PROGRAMS OF NATIONAL SIGNIFICANCEPart C-Public Charter Schoolssubpart 2-credit enhancement initiatives to assist charter school facility acquisition, construction, and renovation

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§8071e. Limitation on administrative costs

An eligible entity may use not more than 0.25 percent of the funds received under this subpart for the administrative costs of carrying out its responsibilities under this subpart.

(Pub. L. 89–10, title X, §10326, as added Pub. L. 106–554, §1(a)(1) [title III, §322(a)(2)], Dec. 21, 2000, 114 Stat. 2763 , 2763A-59.)

Section Referred to in Other Sections

This section is referred to in section 8071d of this title.