§3706 — Title 15 Commerce and Trade | U.S. Code

Summary

The Secretary may give grants and make cooperative agreements to help any activity allowed under this chapter, including work done by individuals. Any person or organization can apply. The Assistant Secretary will set the application form and required materials. Once the Secretary has all needed information, the Secretary must decide within 90 days. Grants and agreements follow limits and other rules the Secretary sets. Recipients must keep records the Secretary requires for audits and reviews. Records must show how much money was received, how it was spent, the total project cost, and any funds that came from other sources.

Title 15, §3706

Commerce and Trade — Source: USLM XML via OLRC

(a)The Secretary may make grants and enter into cooperative agreements according to the provisions of this section in order to assist any activity consistent with this chapter, including activities performed by individuals.

(b)Any person or institution may apply to the Secretary for a grant or cooperative agreement available under this section. Application shall be made in such form and manner, and with such content and other submissions, as the Assistant Secretary shall prescribe. The Secretary shall act upon each such application within 90 days after the date on which all required information is received.

(c)(1)Any grant made, or cooperative agreement entered into, under this section shall be subject to the limitations and provisions set forth in paragraph (2) of this subsection, and to such other terms, conditions, and requirements as the Secretary deems necessary or appropriate.

(2)Any person who receives or utilizes any proceeds of any grant made or cooperative agreement entered into under this section shall keep such records as the Secretary shall by regulation prescribe as being necessary and appropriate to facilitate effective audit and evaluation, including records which fully disclose the amount and disposition by such recipient of such proceeds, the total cost of the program or project in connection with which such proceeds were used, and the amount, if any, of such costs which was provided through other sources.

Notes & Related Subsidiaries

Editorial Notes

Prior Provisions

A prior section 8 of Pub. L. 96–480 was renumbered section 9 and is classified to section 3707 of this title.

Amendments

2017—Subsec. (a). Pub. L. 114–329 struck out at end “The total amount of any such grant or cooperative agreement may not exceed 75 percent of the total cost of the program.” 1988—Subsec. (b). Pub. L. 100–418, § 5115(b)(1), substituted “Assistant Secretary” for “Director”.

§3706 Grants and Cooperative Agreements