31 U.S.C. § 6706 Income Gap Multiplier

• Library: United States Statutes
• Edition: 2023
• Currency: Current through P.L. 118-34 (published on www.congress.gov on 12/26/2023), except for [P. L. 118-31]
• Year: 2023
• Citation: 31 U.S.C. § 6706

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 ½ 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),".

Cite as 31 U.S.C. § 6706