§ 1313. Limitation on payments

Type Statute

Publication 2024-12-20

State In force

Department United States Congress

Source OLRC

§ 1313. Limitation on payments

(a) No institutions of higher education may receive more than $4,000,000 for the construction of its coal research laboratory, including initially installed fixed equipment, nor may it receive more than $1,500,000 for initially installed movable equipment, nor may it receive more than $500,000 for new program startup expenses.

(b) No institution of higher education may receive more than $1,500,000 per year from the Federal Government for operating expenses.

(Pub. L. 95–87, title VIII, § 803, Aug. 3, 1977, 91 Stat. 528.)

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