49 USC 70302 - Sec. 70302. Grant authority
49 USC - US Code - Title 49: Transportation (January 2003)
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(a) General Authority. - 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) Limitations. - The Secretary may make a project grant under this chapter only if - (1) at least 10 percent of the total cost of the project will be paid by the private sector; and (2) the grant will not be for more than 50 percent of the total cost of the project.
Historical And Revision Notes
Revised Source (U.S. Code) Source (Statutes at Large) Section
70302(a) 15:5804(b) (1st Nov. 4, 1992, Pub. L. sentence). 102-588, Sec. 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.
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