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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 7 - Agriculture |
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Subtitle B - Regulations of the Department of Agriculture |
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Chapter XXXIV - National Institute of Food and Agriculture |
§ 3419.2 - Matching funds requirement.
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§ 3419.2 Matching funds requirement.
formula(a) 1890 land-grant institutions. The distribution of
shall becapacity funds
the following matching requirements:are subject to
( a ) For fiscal year 2000, matching funds shall matching requirement. Matching funds will equal not less than 30 percent 100% of the formula capacity funds to be distributed to the eligible institution; .
(b) For fiscal year 2001, matching funds shall 1862 land-grant institutions in insular areas. The distribution of capacity funds are subject to a matching requirement. Matching funds will equal not less than 45 percent 50% of the formula capacity funds to be distributed to the eligible institution; and .
(c) For fiscal year 2002 and each fiscal year thereafter, the matching funds shall equal not less than 50 percent of the formula funds to be distributed to the eligible institution.
[65 FR 21631, Apr. 21, 2000, as amended at 83 FR 21849, May 11, 2018]