20 USC 8296: Ratable reductions in case of insufficient appropriations
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20 USC 8296: Ratable reductions in case of insufficient appropriations 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 J-Urban and Rural Education Assistancesubpart 2-rural education initiative
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§8296. Ratable reductions in case of insufficient appropriations

(a) In general

If the amount appropriated for any fiscal year and made available for grants under this subpart is insufficient to pay the full amount for which all agencies are eligible under this subpart, the Secretary shall ratably reduce each such amount.

(b) Additional amounts

If additional funds become available for making payments under paragraph (1) for such fiscal year, payments that were reduced under subsection (a) of this section shall be increased on the same basis as such payments were reduced.

(Pub. L. 89–10, title X, §10977, as added Pub. L. 106–554, §1(a)(1) [title IX, §901], Dec. 21, 2000, 114 Stat. 2763 , 2763A-92.)