§ 6706. Income gap multiplier

Latest version.

For purposes of determining the income gap of a unit of general local government under section 6705(b)(4)(A), the number which applies is— (1) 1.6, with respect to ½ of any amount allocated under section 6704 to the State in which the unit is located; and (2) 1.2, with respect to the remainder of such amount.

(Added Pub. L. 103–322, title III, § 301001(a), Sept. 13, 1994, 108 stat. 1871.)

Prior Provisions

A prior section 6706, Pub. L. 97–258, Sept. 13, 1982, 96 Stat. 1014, related to reductions in State government allocations, prior to repeal by Pub. L. 99–272, title XIV, § 14001(a)(1), (e), Apr. 7, 1986, 100 Stat. 327, 329, eff. Oct. 18, 1986.

                    
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