§ 3222d. Matching funds requirement for research and extension activities at eligible institutions
(b)
Determination of non-Federal sources of funds
Not later than September 30, 1999, each eligible institution shall submit to the Secretary a report describing for fiscal year 1999—
(c)
Matching formula
Notwithstanding any other provision of this subchapter, the State shall provide equal matching funds from non-Federal sources.
(d)
Waiver authority
Notwithstanding subsection (f) of this section, the Secretary may waive the matching funds requirement under subsection (c) of this section above the 50 percent level for any fiscal year for an eligible institution of a State if the Secretary determines that the State will be unlikely to satisfy the matching requirement.
(e)
Use of matching funds
Under terms and conditions established by the Secretary, matching funds provided as required by subsection (c) of this section may be used by an eligible institution for agricultural research, extension, and education activities.
(f)
Redistribution of funds