Page:United States Statutes at Large Volume 104 Part 5.djvu/714

 104 STAT. 4036 PUBLIC LAW 101-624—NOV. 28, 1990 "(i) rural technology development where the technology can be implemented by communities, community colleges, businesses, cooperatives, and other institutions; or "(ii) cooperative development where such development can be implemented by cooperatives to improve local economic conditions. "(3) Grants made under paragraph (1) shall be made on a competitive basis. In making grants under paragraph (1), the Secretary shall give preference to grant applications providing for the establishment of centers for rural technology or cooperative development that— "(A) can demonstrate the capability to transfer for practical application in rural areas the technology generated at such centers and the ability to commercialize products, processes^ services, and enterprises in such rural areas; "(B) will effectively serve in rural areas that have— "(i) few rural industries and agribusinesses; "(ii) high levels of unemployment or underemplojmtient; "(iii) high rates of outmigration of people, businesses, and industries; and "(iv) low levels of per capita income; and "(C) will contribute the most to the improvement of economic conditions of rural areeis. "(4) As used in this subsection: "(A) The term 'nonprofit institution' means any organization or institution, including an accredited institution of higher education, no part of the net earnings of which inures, or may lawfully inure, to the benefit of any private shareholder or individual. "(B) The term 'United States' means the several States, the District of Columbia, the Commonwealth of Puerto Rico, the Virgin Islands, Guam, American Samoa, and the other territories and possessions of the United States. "(g) In carrying out subsection (f), the Secretary may provide technical assistance to alleviate or prevent conditions of excessive unemployment or underemployment of persons residing in economically distressed rural areas that the Secretary determines have a substantial need for such assistance. Such assist£mce shall include planning and feasibility studies, management and operational assistance, and studies evaluating the needs for development potential of projects that increase employment and improve economic growth in such areas. "(h) The Secretary may make grants to defray not to exceed 75 percent of the administrative costs incurred by organizations and public bodies to carry out projects for which grants or loans are made under subsection (f). For purposes of determining the non- Federal share of such costs, the Secretary shall consider contributions in cash and in kind, fairly evaluated, including but not limited to premises, equipment, and services.". (b) LIMITATION ON AUTHORIZATION OF APPROPRIATIONS.— To carry out subsections (f) and (h) of section 310B of the Consolidated Farm and Rural Development Act, there are authorized to be appropriated to the Secretary not to exceed $50,000,000 for each of the fiscal years 1992, 1993, and 1994.

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