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 Code of Federal Regulations (Last Updated: October 10, 2024)
 Title 7 - Agriculture
 Subtitle B - Regulations of the Department of Agriculture
 Chapter XXXIV - National Institute of Food and Agriculture
 Part 3419 - Matching Funds Requirement for Agricultural Research and Extension Capacity Funds at 1890 Land-Grant Institutions, Including Central State University, Tuskegee University, and West Virginia State University and at 1862 Land-Grant Institutions in Insular Areas

  § 3419.2 - Matching funds requirement.  

Latest version.

  • § 3419.2 Matching funds requirement.

    (a) 1890 land-grant institutions. The distribution of

    formula

    capacity funds

    shall be

    are subject to

    the following matching requirements:

    ( 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]