Conn. Gen. Stat. § 10-407
This is the official text of Conn. Gen. Stat. § 10-407, part of Connecticut’s Gen. Stat — part of the compiled statutory law of Connecticut, published by the state as "Gen. Stat." Browse the sections below, each linked to its official government source.
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Sec. 10-407. (Formerly Sec. 10-373p). Matching grants: Eligibility criteria, amounts.
Official statutory text
(b) For the portion of total donor contributions for the fiscal year which is equal to fifteen thousand dollars or more but does not exceed the total donor contributions for the prior fiscal year, there shall be a match of twenty-five per cent of such amount, provided no match pursuant to this subsection shall exceed two hundred fifty thousand dollars.
(c) For the portion of total donor contributions for the fiscal year which exceeds the total donor contributions for the prior fiscal year, there shall be a match of one hundred per cent of such amount, provided no match pursuant to this subsection shall exceed one million dollars.
(d) If in any fiscal year the total amount of matching grants to be paid pursuant to the provisions of this section and section 10-408 , exceed the amount available for payments to arts organizations pursuant to section 10-406 , all such matching grants shall be reduced on a pro rata basis.
(c) For the portion of total donor contributions for the fiscal year which exceeds the total donor contributions for the prior fiscal year, there shall be a match of one hundred per cent of such amount, provided no match pursuant to this subsection shall exceed one million dollars.
(d) If in any fiscal year the total amount of matching grants to be paid pursuant to the provisions of this section and section 10-408 , exceed the amount available for payments to arts organizations pursuant to section 10-406 , all such matching grants shall be reduced on a pro rata basis.
Status: in_force · Read it on the official government site
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