42 USC 11342: Retention of interest earned
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42 USC 11342: Retention of interest earned Text contains those laws in effect on April 23, 2024
From Title 42-THE PUBLIC HEALTH AND WELFARECHAPTER 119-HOMELESS ASSISTANCESUBCHAPTER III-FEDERAL EMERGENCY MANAGEMENT FOOD AND SHELTER PROGRAMPart B-Emergency Food and Shelter Grants
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§11342. Retention of interest earned

Interest accrued on the balance of any grant to the National Board shall be available to the National Board for reallocation, and total administrative costs shall be determined based on total amount of funds available, including interest and any private contributions that are made to the National Board.

( Pub. L. 100–77, title III, §312, July 22, 1987, 101 Stat. 492 .)