The agreement shall-
If, within twenty years after the completion of any construction (except minor remodeling or alteration) for which such funds have been paid-
the United States shall be entitled to recover from the applicant or other owner of the facility an amount which has the same ratio with respect to the current market value of the facility as the amount of Federal funds expended for construction of such facility bears to the total cost of construction of the facility. The current market value of the facility shall be determined by agreement of the parties or by action brought in the United States district court for the district in which the facility is situated.
20 U.S.C. § 4332
EDITORIAL NOTES
REFERENCES IN TEXTReorganization Plan Numbered 14 of 1950, referred to in subsec. (b)(5), is set out in the Appendix to Title 5, Government Organization and Employees.
PRIOR PROVISIONSProvisions similar to this section were contained in section 684 of this title prior to repeal by Pub. L. 99-371.
AMENDMENTS2008-Subsec. (a)(1). Pub. L. 110-315, §903(1), struck out at end "The Secretary, in considering proposals from institutions of higher education to enter into an agreement under this part, shall give preference to institutions which are located in metropolitan industrial areas."Subsec. (b)(3). Pub. L. 110-315, §903(2)(A), substituted "Committee on Health, Education, Labor, and Pensions of the Senate" for "Committee on Labor and Human Resources of the Senate".Subsec. (b)(5). Pub. L. 110-315, §903(2)(B), substituted "subchapter IV of chapter 31 of title 40, commonly referred to as the Davis-Bacon Act" for "the Act of March 3, 1931 ( 40 U.S.C. 276a-276a-5 ) commonly referred to as the Davis-Bacon Act" and "section 3145 of title 40" for "section 2 of the Act of June 13, 1934 (40 U.S.C. 276c)". 1998-Subsec. (a)(2). Pub. L. 105-244 amended par. (2) generally. Prior to amendment, par. (2) read as follows: "The Secretary and the institution of higher education with which the Secretary has an agreement under this section shall, within 1 year after October 16, 1992, assess the need for modification of the agreement. The Secretary and the institution of higher education with which the Secretary has an agreement under this section shall also periodically update the agreement as determined to be necessary by the Secretary or the institution." 1993- Pub. L. 103-73, §203(g)(1), substituted "National Technical Institute for the Deaf" for "Institute" in section catchline.Subsec. (a)(1). Pub. L. 103-73, §203(g)(2)(A), substituted "part" for "chapter". Subsec. (a)(2). Pub. L. 103-73, §203(g)(2)(B), in first sentence struck out comma after "The Secretary" and after "this section". Subsec. (b)(1), (2). Pub. L. 103-73, §202, substituted "NTID" for "the Institute" wherever appearing.Subsec. (b)(3). Pub. L. 103-73, §203(g)(3)(A), substituted "Secretary, not later than June 1 following the fiscal year for which the report is submitted, an annual report containing" for "Secretary an annual report, including", "which accounting" for "which report", and "Representatives" for "Representatives,". Subsec. (b)(4). Pub. L. 103-73, §203(g)(3)(B), struck out "and" at end of par. (4).Subsec. (b)(5). Pub. L. 103-73, §203(g)(3)(C), substituted "except that the Secretary" for "and the Secretary" and "; and" for period at end. Pub. L. 103-73, §202, substituted "NTID" for "the Institute". Subsec. (b)(6). Pub. L. 103-73, §203(g)(3)(D), substituted "or hard of hearing" for "or individuals who are hard of hearing". Subsec. (c). Pub. L. 103-73, §203(g)(4), inserted a comma after "If".1992-Subsec. (a). Pub. L. 102-421, §121(1), designated existing provisions as par. (1) and added par. (2).Subsec. (b)(2). Pub. L. 102-421, §151(a)(4), substituted "individuals who are deaf" for "the deaf". Subsec. (b)(3). Pub. L. 102-421, §121(2), substituted "will prepare and submit to the Secretary an annual report, including an accounting of all indirect costs paid to the institution of higher education under the agreement with the Secretary, which report the Secretary shall transmit to the Committee on Education and Labor of the House of Representatives, and to the Committee on Labor and Human Resources of the Senate," for "will make an annual report together with an accounting of all indirect costs paid to the institution of higher education under the agreement to the Secretary, which the Secretary shall transmit to the Congress".Subsec. (b)(6). Pub. L. 102-421, §121(3), added par. (6).
STATUTORY NOTES AND RELATED SUBSIDIARIES
CHANGE OF NAMECommittee on Education and Labor of House of Representatives changed to Committee on Education and the Workforce of House of Representatives by House Resolution No. 5, One Hundred Eighteenth Congress, Jan. 9, 2023.
EFFECTIVE DATE OF 1998 AMENDMENT Amendment by Pub. L. 105-244 effective Oct. 1, 1998, except as otherwise provided in Pub. L. 105-244, see section 3 of Pub. L. 105-244, set out as a note under section 1001 of this title.
EFFECTIVE DATE OF 1992 AMENDMENT Amendment by Pub. L. 102-421 effective Oct. 1, 1992, see section 161 of Pub. L. 102-421, set out as a note under section 4301 of this title.
ESTABLISHMENT OF INSTITUTEPursuant to an agreement entered into between the Secretary and the Rochester Institute of Technology on Dec. 20, 1966, the National Technical Institute for the Deaf (N.T.I.D.) was established and located at Rochester, New York.
- NTID
- The term "NTID" means the National Technical Institute for the Deaf.
- Secretary
- The term "Secretary" means the Secretary of Education.
- construction
- The term "construction" includes construction and initial equipment of new buildings, and expansion, remodeling, and alteration of existing buildings and equipment therein, including architect's services, but excluding off-site improvements.
- institution of higher education
- The term "institution of higher education" means an educational institution in any State which (A) admits as regular students only individuals having a certificate of graduation from a school providing secondary education, or the recognized equivalent of such a certificate; (B) is legally authorized within such State to provide a program of education beyond secondary education; (C) provides an educational program for which it awards a bachelor's degree; (D) includes one or more professional or graduate schools; (E) is a public or nonprofit private institution; and (F) is accredited by a nationally recognized accrediting agency or association. For the purpose of subparagraph (F), the Secretary shall publish a list of nationally recognized accrediting agencies or associations which the Secretary determines to be reliable authority as to the quality of training offered.