Guaranteed minimum payment amount — Us Code Code § 20903
Us Code Code § 20903 — Guaranteed minimum payment amount. Reproduced from the official United States Code, with a citation summary, verification link, and related provisions.
§ 20903. Guaranteed minimum payment amount
(a) In general
In addition to any other payments made under this subchapter, the Administrator shall make a payment to each State to which a payment is made under either section 20901 or 20902 of this title and with respect to which the aggregate amount paid under such sections is less than $5,000,000 in an amount equal to the difference between the aggregate amount paid to the State under sections 20901 and 20902 of this title and $5,000,000. In the case of the Commonwealth of Puerto Rico, Guam, American Samoa, and the United States Virgin Islands, the previous sentence shall be applied as if each reference to "$5,000,000" were a reference to "$1,000,000".
(b) Pro rata reductions
The Administrator shall make such pro rata reductions to the amounts described in sections 20901(d) and 20902(c) of this title as are necessary to comply with the requirements of subsection (a).
(Pub. L. 107–252, title I, §103, Oct. 29, 2002, 116 Stat. 1672.)
Editorial Notes
Codification
Section was formerly classified to section 15303 of Title 42, The Public Health and Welfare, prior to editorial reclassification and renumbering as this section.
About This Section
52 U.S.C. § 20903 is part of Title 52 of the United States Code. The United States Code is the official codification of federal statutes maintained by the Office of the Law Revision Counsel of the U.S. House of Representatives. Congress amends the Code through new public laws, which are eventually incorporated into the relevant title.
This section may be cited in legal writing as 52 U.S.C. § 20903. For the most current official text, including any recent amendments, use the official source links below. Do not rely on this page as the sole authority for legal citation or litigation.
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