§ 51102 - Grant authority

CHAPTER 511— SPACE TRANSPORTATION INFRASTRUCTURE MATCHING GRANTS

(a) To ensure the resiliency of the space transportation infrastructure of the United States, the Secretary of Transportation may make project grants to sponsors as provided in this chapter.

(b) The Secretary may make a project grant under this chapter only if—

(b)(1) at least 10 percent of the total cost of the project will be paid by the private sector; and

(b)(2) the grant will not be for more than 50 percent of the total cost of the project.

Notes

Historical and Revision Notes RevisedSectionSource (U.S. Code)Source (Statutes at Large) 70302(a)15:5804(b) (1st sentence).Nov. 4, 1992, Pub. L. 102–588, § 505(b) (1st sentence), (f), 106 Stat. 5125, 5127. 70302(b)15:5804(f).

In subsection (a), the words “of the United States” are substituted for “Nation’s” for consistency.

Editorial Notes

Amendments

2010—Pub. L. 111–314 successively renumbered section 70302 of title 49 and section 70302 of this title as this section.