PUBLIC LAW 107-171—MAY 13, 2002 116 STAT. 357 funds will be available for an award on the application at the conclusion of priority processing. "(C) TIMING.— The Secretary shall, to the maximum extent practicable, review and act on an application under this section within 60 days after the date on which the application is submitted to the Secretary."; and (7) by striking subsection (i) and inserting the following: "(i) FUNDING. — "(1) RESERVATION.— "(A) IN GENERAL.—For each fiscal year, not less than 3 nor more than 5 percent of the total amount made available to carry out section 306(a)(2) for the fiscal year shall be reserved for grants under this section. "(B) RELEASE. —Funds reserved under subparagraph (A) for a fiscal year shall be reserved only until July 1 of the fiscal year. "(2) AUTHORIZATION OF APPROPRIATIONS.— In addition to funds made available under paragraph (1), there is authorized to be appropriated to carry out this section $35,000,000 for each of fiscal years 2003 through 2007.". SEC. 6010. WATER AND WASTE FACILITY GRANTS FOR NATIVE AMER- ICAN TRIBES. Section 306C of the Consolidated Farm and Rural Development Act (7 U.S.C. 1926c) is amended by striking subsection (e) and inserting the following: "(e) AUTHORIZATION OF APPROPRIATIONS.— "(1) IN GENERAL. — Subject to paragraph (2), there are authorized to be appropriated— "(A) for grants under this section, $30,000,000 for each fiscal year; "(B) for loans under this section, $30,000,000 for each fiscal year; and "(C) in addition to grants provided under subparagraph (A), for grants under this section to benefit Indian tribes (as defined in section 4 of the Indian Self-Determination and Education Assistance Act (25 U.S.C. 450b)), $20,000,000 for each fiscal year. "(2) EXCEPTION. — An entity eligible to receive funding through a grant made under section 306D shall not be eligible for a grant from funds made available under paragraph (1)(C).". SEC. 6011. GRANTS FOR WATER SYSTEMS FOR RURAL AND NATIVE VILLAGES IN ALASKA. Section 306D(d)(l) of the Consolidated Farm and Rural Development Act (7 U.S.C. 1926d(d)(l)) is amended by striking "and 2002" and inserting "through 2007". SEC. 6012. GRANTS TO NONPROFIT ORGANIZATIONS TO FINANCE THE CONSTRUCTION, REFURBISHING, AND SERVICING OF INDIVIDUALLY-OWNED HOUSEHOLD WATER WELL SYS- TEMS IN RURAL AREAS FOR INDIVIDUALS WITH LOW OR MODERATE INCOMES. (a) IN GENERAL. —The Consolidated Farm and Rural Development Act is amended by inserting after section 306D (7 U.S.C. 1926d) the following:
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