7 USC 2009dd-4: Rural strategic investment program
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7 USC 2009dd-4: Rural strategic investment program Text contains those laws in effect on January 8, 2008
From Title 7-AGRICULTURECHAPTER 50-AGRICULTURAL CREDITSUBCHAPTER IX-RURAL STRATEGIC INVESTMENT PROGRAM
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§2009dd–4. Rural strategic investment program

(a) In general

If the Secretary approves a national strategic investment plan submitted by the National Board, of the funds of the Commodity Credit Corporation, the Secretary shall transfer to the National Board $100,000,000, to remain available until expended, for the Board to use to make planning grants and innovation grants to Regional Boards and to otherwise carry out this subchapter.

(b) Use by National Board

Of the amount transferred by the Secretary to the National Board under subsection (a) of this section, the National Board shall use-

(1) not less than $8,000,000 to make planning grants to Regional Boards under section 2009dd–5 of this title;

(2) not less than $87,000,000 to make innovation grants to Regional Boards under section 2009dd–6 of this title; and

(3) the remainder of the funds to carry out section 2009dd–7 of this title and administer this subchapter (other than section 2009dd–7 of this title).

(Pub. L. 87–128, title III, §385E, as added Pub. L. 107–171, title VI, §6030, May 13, 2002, 116 Stat. 407 .)