2014 US Code
Title 20 - Education (Sections 1 - 10013)
Chapter 80 - State Fiscal Stabilization Fund (Sections 10001 - 10013)
Sec. 10004 - Uses of funds by institutions of higher education
Publication Title | United States Code, 2012 Edition, Supplement 2, Title 20 - EDUCATION |
Category | Bills and Statutes |
Collection | United States Code |
SuDoc Class Number | Y 1.2/5: |
Contained Within | Title 20 - EDUCATION CHAPTER 80 - STATE FISCAL STABILIZATION FUND Sec. 10004 - Uses of funds by institutions of higher education |
Contains | section 10004 |
Date | 2014 |
Laws In Effect As Of Date | January 5, 2015 |
Positive Law | No |
Disposition | standard |
Source Credit | Pub. L. 111-5, div. A, title XIV, §14004, Feb. 17, 2009, 123 Stat. 281. |
Statutes at Large Reference | 123 Stat. 281 |
Public and Private Law | Public Law 111-5 |
Download PDF
A public institution of higher education that receives funds under this chapter shall use the funds for education and general expenditures, and in such a way as to mitigate the need to raise tuition and fees for in-State students, or for modernization, renovation, or repair of institution of higher education facilities that are primarily used for instruction, research, or student housing, including modernization, renovation, and repairs that are consistent with a recognized green building rating system.
(b) ProhibitionAn institution of higher education may not use funds received under this chapter to increase its endowment.
(c) Additional prohibitionNo funds awarded under this chapter may be used for—
(1) the maintenance of systems, equipment, or facilities;
(2) modernization, renovation, or repair of stadiums or other facilities primarily used for athletic contests or exhibitions or other events for which admission is charged to the general public; or
(3) modernization, renovation, or repair of facilities—
(A) used for sectarian instruction or religious worship; or
(B) in which a substantial portion of the functions of the facilities are subsumed in a religious mission.
(Pub. L. 111–5, div. A, title XIV, §14004, Feb. 17, 2009, 123 Stat. 281.)
Disclaimer: These codes may not be the most recent version. The United States Government Printing Office may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the US site. Please check official sources.