Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) The sum of the amounts paid to the States under this Division for a program year must not exceed the amount worked out using the formula:
where:
"base assistance amount" , for a program year, means:
(a) if the regulations specify an amount under subsection ( 2) for the program year--that amount; or
(b) otherwise:
(i) in the case of the 2009 program year--$12,334,000; or
(ii) in the case of a later program year--the amount worked out under this subsection for the previous program year.
(2) For the purposes of subsection ( 1), the regulations may specify an amount to be the base assistance amount for a program year.
(3) If the amount worked out under subsection ( 1) for a program year is not a multiple of $1,000, the amount is to be rounded to the nearest $1,000 (rounding $500 upwards).