Us Code § 2202a - Cost-share requirement
Full text of Us Code United States Code § 2202a — Cost-share requirement, with citation guidance and answers to common questions.
§ 2202a. Cost-share requirement
(a) Cost-share rate
Subject to subsections (b) and (c), the maximum cost-share payment under sections 2201 and 2202 of this title shall not exceed 75 percent of the total allowable cost, as determined by the Secretary.
(b) Exception
Notwithstanding subsection (a), a payment to a limited resource farmer or rancher, a socially disadvantaged farmer or rancher (as defined in subsection (a) of section 2279 of title 7), or a beginning farmer or rancher under section 2201 or 2202 of this title shall not exceed 90 percent of the total allowable cost, as determined by the Secretary.
(c) Limitation
The total payment under sections 2201 and 2202 of this title for a single event may not exceed 50 percent of the agriculture value of the land, as determined by the Secretary.
(Pub. L. 95–334, title IV, §402A, as added Pub. L. 115–334, title II, §2403(b), Dec. 20, 2018, 132 Stat. 4571.)
About This Section
16 U.S.C. § 2202a is part of Title 16 of the United States Code. The United States Code is the official codification of federal statutes maintained by the Office of the Law Revision Counsel of the U.S. House of Representatives. Congress amends the Code through new public laws, which are eventually incorporated into the relevant title.
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