[Code of Federal Regulations]
[Title 34, Volume 3]
[Revised as of July 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 34CFR464.20]

[Page 138]
 
                           TITLE 34--EDUCATION
 
  CHAPTER IV--OFFICE OF VOCATIONAL AND ADULT EDUCATION, DEPARTMENT OF 
                                EDUCATION
 
PART 464_STATE LITERACY RESOURCE CENTERS PROGRAM--Table of Contents
 
        Subpart C_How Does the Secretary Make a Grant to a State?
 
Sec. 464.20  What payment does the Secretary make?


    (a)(1) From sums available for purposes of making grants under this 
part for any fiscal year, the Secretary allots to each State, that has 
an application approved under Sec. Sec. 464.10-464.11, an amount that 
bears the same ratio to those sums as the amount allotted to the State 
under section 313(b) of the Act for the purpose of making grants under 
section 321 of the Act bears to the aggregate amount allotted to all 
States under that section for that purpose.
    (2) In applying the formula in section 313(b) of the Act to 
calculate grants under this part, the Secretary counts the number of 
adults only in States that have approved applications under this part.
    (b)(1) The Secretary pays to each State the Federal share of the 
cost of activities described in the application.
    (2) For purposes of this section, the Federal share--
    (i) For each of the first two fiscal years in which the State 
receives funds under this part, may not exceed 80 percent;
    (ii) For each of the third and fourth fiscal years in which the 
State receives funds under this part, may not exceed 70 percent; and
    (iii) For the fifth and each succeeding year in which the State 
receives funds under this part, may not exceed 60 percent.
    (3) If a State receives funds under this part for participation in a 
regional center, the State is required to provide only 50 percent of the 
non-Federal share under paragraph (b)(2) of this section.
    (4) The non-Federal share of payments under this section may, in 
accordance with 34 CFR 80.24, be in cash or in kind, fairly evaluated, 
including plant, equipment, or services.

(Authority: 20 U.S.C. 1208aa(c)(1), (i), (j)(2))