33 USC 1381 - Grants to States for establishment of revolving funds

U.S Code last checked for updates: Apr 10, 2026

§ 1381.

Grants to States for establishment of revolving funds

(a)

General authority

(b)

Schedule of grant payments

(1)

such payments shall be made in quarterly installments, and

(2)

such payments shall be made as expeditiously as possible, but in no event later than the earlier of—

(A)

8 quarters after the date such funds were obligated by the State, or

(B)

12 quarters after the date such funds were allotted to the State.

(June 30, 1948, ch. 758, title VI, § 601, as added Pub. L. 100–4, title II, § 212(a), Feb. 4, 1987, 101 Stat. 22; amended Pub. L. 113–121, title V, § 5001, June 10, 2014, 128 Stat. 1322.)

cite as: 33 USC 1381