On the recordJuly 31, 1996
The allocation made to States is determined by the receipts received 2 years earlier. So 1994 determines 1996, and the amount in the trust fund in 1995 determines 1997.
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govinfo.govMax Baucus: “The allocation made to States is determined by the receipts received 2 years earlier. So 1994 determines 1996, and the…”
Editor's note · Context
Discussing the allocation of funds to states based on previous receipts.
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