§ 3051. — General authority.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 29USC3051]
TITLE 29--LABOR
CHAPTER 31--ASSISTIVE TECHNOLOGY FOR INDIVIDUALS WITH DISABILITIES
SUBCHAPTER III--ALTERNATIVE FINANCING MECHANISMS
Sec. 3051. General authority
(a) In general
The Secretary shall award grants to States to pay for the Federal
share of the cost of the establishment and administration of, or the
expansion and administration of, an alternative financing program
featuring one or more alternative financing mechanisms to allow
individuals with disabilities and their family members, guardians,
advocates, and authorized representatives to purchase assistive
technology devices and assistive technology services (referred to
individually in this subchapter as an ``alternative financing
mechanism'').
(b) Mechanisms
The alternative financing mechanisms may include--
(1) a low-interest loan fund;
(2) an interest buy-down program;
(3) a revolving loan fund;
(4) a loan guarantee or insurance program;
(5) a program operated by a partnership among private entities
for the purchase, lease, or other acquisition of assistive
technology devices or assistive technology services; or
(6) another mechanism that meets the requirements of this
subchapter and is approved by the Secretary.
(c) Requirements
(1) Period
The Secretary may award grants under this subchapter for periods
of 1 year.
(2) Limitation
No State may receive more than one grant under this subchapter.
(d) Federal share
The Federal share of the cost of the alternative financing program
shall not be more than 50 percent.
(e) Construction
Nothing in this section shall be construed as affecting the
authority of a State to establish an alternative financing program under
subchapter I of this chapter.
(Pub. L. 105-394, title III, Sec. 301, Nov. 13, 1998, 112 Stat. 3657.)
