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 United States Code (Last Updated: May 24, 2014)
 Title 7. AGRICULTURE
 Chapter 50. AGRICULTURAL CREDIT
 SubChapter VII. NORTHERN GREAT PLAINS REGIONAL AUTHORITY

  § 2009bb–12. Authorization of appropriations  

Latest version.
  • (a) In general

    There is authorized to be appropriated to the Authority to carry out this subchapter $30,000,000 for each of fiscal years 2008 through 2018, to remain available until expended.

     (b) Administrative expenses

    Not more than 5 percent of the amount appropriated under subsection (a) of this section for a fiscal year shall be used for administrative expenses of the Authority.

     (c) Minimum State share of grantsNotwithstanding any other provision of this subchapter, for any fiscal year, the aggregate amount of grants received by a State and all persons or entities in the State under this subchapter shall be not less than ⅓ of the product obtained by multiplying—(1) the aggregate amount of grants under this subchapter for the fiscal year; and(2) the ratio that—(A) the population of the State (as determined by the Secretary of Commerce based on the most recent decennial census for which data are available); bears to(B) the population of the region (as so determined).
(Pub. L. 87–128, title III, § 383N, formerly § 383M, as added Pub. L. 107–171, title VI, § 6028, May 13, 2002, 116 Stat. 387; renumbered § 383N and amended Pub. L. 110–234, title VI, § 6026(c)(1)(A), (j), May 22, 2008, 122 Stat. 1178, 1182, and Pub. L. 110–246, § 4(a), title VI, § 6026(c)(1)(A), (j), June 18, 2008, 122 Stat. 1664, 1940, 1943; Pub. L. 113–79, title VI, § 6027(b), Feb. 7, 2014, 128 Stat. 850.)

Codification

Codification

Pub. L. 110–234 and Pub. L. 110–246 made identical amendments to this section. The amendments by Pub. L. 110–234 were repealed by section 4(a) of Pub. L. 110–246.

Prior Provisions

Prior Provisions

A prior section 383N of Pub. L. 87–128, title III, was renumbered section 383O and is classified to section 2009bb–13 of this title.

Amendments

Amendments

2014—Subsec. (a). Pub. L. 113–79 substituted “2018” for “2012”.

2008—Subsec. (a). Pub. L. 110–246, § 6026(j), substituted “2008 through 2012” for “2002 through 2007”.

Effective Date Of Amendment

Effective Date of 2008 Amendment

Amendment of this section and repeal of Pub. L. 110–234 by Pub. L. 110–246 effective May 22, 2008, the date of enactment of Pub. L. 110–234, see section 4 of Pub. L. 110–246, set out as an Effective Date note under section 8701 of this title.