§270.3. What is the annual maximum amount we will award and the maximum amount that a State can receive each year?
45 C.F.R. § 270.3
Except as provided in § 270.9, we will award $200 million in bonus funds annually, subject to Congressional authorization and the availability of the appropriation.
The amount payable to a State in a bonus year may not exceed five percent of a State's family assistance grant.
Notes, amendments, and revision history
Authority
Authority: 42 U.S.C. 603(a)(4).
Source
Source: 65 FR 52851, Aug. 30, 2000, unless otherwise noted.