20 U.S.C. § 806
Authorization of appropriations; availability of funds
There is authorized to be appropriated for the purpose of making grants and providing fellowships under this chapter, without fiscal year limitation, not to exceed $30,000,000, which amount shall be increased by $3,500,000 on July 1, 1974 , and by $3,500,000 on July 1, 1975 . Any amounts appropriated under this section shall remain available until expended.
( Pub. L. 88–560, title VIII, § 807 , formerly § 806, as added Pub. L. 91–152, title III, § 307 , Dec. 24, 1969 , 83 Stat. 394 ; renumbered § 807 and amended Pub. L. 93–383, title IV, § 402(c)(1) , (d), Aug. 22, 1974 , 88 Stat. 692 .)