Statute · United States Code
31 U.S.C. § 6706 — Income gap multiplier
31 U.S.C. § 6706
- Type
- Statute
- Source
- United States Code
- Jurisdiction
- Federal
- Date
- 2025-01-06
- Topic
- commercial
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.
Citator
31 U.S.C. § 6706 — Income gap multiplier is in force in the current edition of the Code, and nothing recorded condemns it.
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.