16 U.S.C. § 470b : US Code - Section 470B: Requirements for awarding of grant funds

Search 16 U.S.C. § 470b : US Code - Section 470B: Requirements for awarding of grant funds

(a) Grant applications; amounts; reports; conditions
No grant may be made under this subchapter -
(1) unless application therefor is submitted to the Secretary
in accordance with regulations and procedures prescribed by him;
(2) unless the application is in accordance with the
comprehensive statewide historic preservation plan which has been
approved by the Secretary after considering its relationship to
the comprehensive statewide outdoor recreation plan prepared
pursuant to the Land and Water Conservation Fund Act of 1965 (78
Stat. 897) [16 U.S.C. 460l-4 of this title];
(3) for more than 60 percent of the aggregate costs of carrying
out projects and programs under the administrative control of the
State Historic Preservation Officer as specified in section
470a(b)(3) of this title in any one fiscal year;
(4) unless the grantee has agreed to make such reports, in such
form and containing such information as the Secretary may from
time to time require;
(5) unless the grantee has agreed to assume, after completion
of the project, the total cost of the continued maintenance,
repair, and administration of the property in a manner
satisfactory to the Secretary; and
(6) until the grantee has complied with such further terms and
conditions as the Secretary may deem necessary or advisable.
Except as permitted by other law, the State share of the costs
referred to in paragraph (3) shall be contributed by non-Federal
sources. Notwithstanding any other provision of law, no grant made
pursuant to this subchapter shall be treated as taxable income for
purposes of title 26.
(b) Waiver
The Secretary may in his discretion waive the requirements of
subsection (a), paragraphs (2) and (5) of this section for any
grant under this subchapter to the National Trust for Historic
Preservation in the United States.
(c) Repealed. Pub. L. 96-515, title II, Sec. 202(c), Dec. 12, 1980,
94 Stat. 2993
(d) (!1) Remaining cost of project
No State shall be permitted to utilize the value of real property
obtained before October 15, 1966, in meeting the remaining cost of
a project for which a grant is made under this subchapter.
(d) (!1) Availability
The Secretary shall make funding available to individual States
and the National Trust for Historic Preservation as soon as
practicable after execution of a grant agreement. For purposes of
administration, grants to individual States and the National Trust
each shall be considered to be one grant and shall be administered
by the National Park Service as such.
(e) Administrative costs
The total administrative costs, direct and indirect, charged for
carrying out State projects and programs may not exceed 25 percent
of the aggregate costs except in the case of grants under section
470a(e)(6) of this title.