§6702. Local Government Fiscal Assistance Fund — Inbound Citations
31 U.S.C. § 6702
Cited by 1 provision in release 119-102.
Citations to §6702(b)
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(a) For each payment period, the Secretary shall allocate to each State out of the amount appropriated for the period under the authority of section 6702(b) (minus the amounts allocated to territorial governments under subsection (e) for the payment period) an amount bearing the same ratio to the amount appropriated (minus such amounts allocated under subsection (e)) as the amount allocated to the State under this section bears to the total amount allocated to all States under this section. The Secretary shall—(1) determine the amount allocated to the State under subsection (b) or (c) of this section and allocate the larger amount to the State; and(2) allocate the amount allocated to the State to units of general local government in the State under sections 6705 and 6706.