33 U.S.C. § 1384 : US Code - Section 1384: Allotment of funds

Search 33 U.S.C. § 1384 : US Code - Section 1384: Allotment of funds

(a) Formula
Sums authorized to be appropriated to carry out this section for
each of fiscal years 1989 and 1990 shall be allotted by the
Administrator in accordance with section 1285(c) of this title.
(b) Reservation of funds for planning
Each State shall reserve each fiscal year 1 percent of the sums
allotted to such State under this section for such fiscal year, or
$100,000, whichever amount is greater, to carry out planning under
sections 1285(j) and 1313(e) of this title.
(c) Allotment period
(1) Period of availability for grant award
Sums allotted to a State under this section for a fiscal year
shall be available for obligation by the State during the fiscal
year for which sums are authorized and during the following
fiscal year.
(2) Reallotment of unobligated funds
The amount of any allotment not obligated by the State by the
last day of the 2-year period of availability established by
paragraph (1) shall be immediately reallotted by the
Administrator on the basis of the same ratio as is applicable to
sums allotted under subchapter II of this chapter for the second
fiscal year of such 2-year period. None of the funds reallotted
by the Administrator shall be reallotted to any State which has
not obligated all sums allotted to such State in the first fiscal
year of such 2-year period.