§ 15402. Allocation of funds
(a)
In general
Subject to subsection (c) of this section, the amount of a requirements payment made to a State for a year shall be equal to the product of—
(1)
the total amount appropriated for requirements payments for the year pursuant to the authorization under section
15407 of this title; and
(b)
State allocation percentage defined
The “State allocation percentage” for a State is the amount (expressed as a percentage) equal to the quotient of—
(c)
Minimum amount of payment
The amount of a requirements payment made to a State for a year may not be less than—
(1)
in the case of any of the several States or the District of Columbia, one-half of 1 percent of the total amount appropriated for requirements payments for the year under section
15407 of this title; or
(d)
Pro rata reductions
The Administrator [1] shall make such pro rata reductions to the allocations determined under subsection (a) of this section as are necessary to comply with the requirements of subsection (c) of this section.
(e)
Continuing availability of funds after appropriation
A requirements payment made to a State under this subpart shall be available to the State without fiscal year limitation.
[1] So in original. Probably should be “Commission”.