Page:United States Statutes at Large Volume 116 Part 1.djvu/434

 116 STAT. 408 PUBLIC LAW 107-171—MAY 13, 2002 "(b) REGIONAL PLANS. —^A regional plan for a region covered by a Regional Board shall, to the maximum extent practicable, cover— "(1) basic infrastructure needs of the region; "(2) basic services within the region; "(3) opportunities for economic diversification and innovation within the region, with particular attention to entrepreneurial support and innovation; "(4) the current and future human resource capacity of the region; "(5) access to market-based financing and venture and equity capital in the region; "(6) the development of innovative public and private collaborations for investments in the region; and "(7) other appropriate matters, as determined by the National Board and the Secretary. "(c) PREFERENCES.—In awarding planning grants, the National Board shall give a preference to planning grants that will be used to address community capacity building and community sustainability. "(d) AMOUNT.— The total amount of a planning grant made to a Regional Board shall not exceed $100,000. "(e) COST SHARING.— "(1) IN GENERAL. —Subject to paragraphs (2) and (3), the share of the costs of developing, maintaining, evaluating, and reporting on a regional plan funded by a grant under this section shall not exceed 50 percent. "(2) FORM.— "(A) IN GENERAL. Except as provided in subparagraph (B), a Regional Board shall pay the grantee share of the costs described in paragraph (1) in the form of cash, services, materials, or other in-kind contributions. "(B) LIMITATION. —^A grantee shall not pay more than 50 percent of the grantee share in the form of services, materials, or other in-kind contributions. "(3) INCREASED SHARE.— The National Board may increase the share of the costs covered by a planning grant made to a Regional Board under this section if a limited ability of the Regional Board to pay would otherwise create a barrier to full participation in the program. 7 USC 2009dd-6. «SEC. 385G. INNOVATION GRANTS. "(a) IN GENERAL.— The National Board shall use amounts made available under section 385E(b)(2) to make innovation grants, on a competitive basis, to Regional Boards to implement projects that are identified in the regional plans of the Regional Boards. "(b) ELIGIBILITY.— "(1) IN GENERAL.— For a Regional Board to be eligible to receive an innovation grant, the National Board shall determine that— "(A) the regional plan of a Regional Board meets the requirements of this subtitle; "(B) the management and organizational structure of the Regional Board is sufficient to oversee grant projects; "(C) the Regional Board will be able to provide the grantee share required under this section; and

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