15 U.S.C. · Commerce and Trade
15 U.S.C. § 6906

Matching requirements

Ch. 95 — MICROENTERPRISE TECHNICAL ASSISTANCE AND CAPACITY BUILDING PROGRAM
Title 15 U.S.C. ● ACTIVE Primary Source Ch. 95
Statutory Text

15 U.S.C. § 6906 — Matching requirements

U.S.C. Title 15 - COMMERCE AND TRADE 15 U.S.C. United States Code, 2023 Edition Title 15 - COMMERCE AND TRADE CHAPTER 95 - MICROENTERPRISE TECHNICAL ASSISTANCE AND CAPACITY BUILDING PROGRAM Sec. 6906 - Matching requirements From the U.S. Government Publishing Office, www.gpo.gov

§6906. Matching requirements

(a) In general Financial assistance under this chapter shall be matched with funds from sources other than the Federal Government on the basis of not less than 50 percent of each dollar provided by the Administration. (b) Sources of matching funds Fees, grants, gifts, funds from loan sources, and in-kind resources of a grant recipient from public or private sources may be used to comply with the matching requirement in subsection (a). (c) Exception (1) In general In the case of an applicant for assistance under this chapter with severe constraints on available sources of matching funds, the Administrator may reduce or eliminate the matching requirements of subsection (a). (2) Limitation Not more than 10 percent of the total funds made available from the Administration in any fiscal year to carry out this chapter may be excepted from the matching requirements of subsection (a), as authorized by paragraph (1) of this subsection.

(Pub. L. 103–325, title I, §177, as added Pub. L. 106–102, title VII, §725, Nov. 12, 1999, 113 Stat. 1474.)

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The statutory text of 15 U.S.C. § 6906 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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