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31 U.S.C. § 6706 - U.S. Code - Unannotated Title 31. Money and Finance § 6706. Income gap multiplier

Current as of January 01, 2024 | Updated by Findlaw Staff

For purposes of determining the income gap of a unit of general local government under section 6705(b)(4)(A),  1 the number which applies is--

(1) 1.6, with respect to 1/2 of any amount allocated under section 6704 to the State in which the unit is located; and

(2) 1.2, with respect to the remainder of such amount.

1 So in original. Probably should be section ‘‘6705(c)(4)(A),’’.
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Cite this article: FindLaw.com - 31 U.S.C. § 6706 - U.S. Code - Unannotated Title 31. Money and Finance § 6706. Income gap multiplier - last updated January 01, 2024 | https://codes.findlaw.com/us/title-31-money-and-finance/31-usc-sect-6706/

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