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TeachMeFinance.com - explain Smith-Lever Act of 1914 Smith-Lever Act of 1914 The term 'Smith-Lever Act of 1914 ' as it applies to the area of agriculture can be defined as 'P.L. 63-95 (May 8, 1914) authorized and provided initial funding for states to establish an educational outreach arm to 'extend' the results of research programs at the land grant colleges of agriculture and their affiliated state agricultural experiment stations to all citizens who might benefit from them. In 1962 Congress amended the act to establish a formula for distributing federal funds to states for agricultural extension programs. The formula provides for each state to receive what it received in 1962 as a base. Funds appropriated in excess of the 1962 level are allocated as follows: 4% of funds go to the federal component of the Cooperative Extension System (now part of the Cooperative State Research, Education, and Extension Service); of the remainder, 20% is allocated to each state equally; and 80% is allocated on the basis of a state’s share of the U.S. rural and farm populations. On average, Smith-Lever formula funds account for about 30% of a state’s total funding for extension programs'. Previous 5 Terms: Small power producer (SPP) Small Stream Flooding smalt smaragdine Smi Premium Next 5 Terms: smog smoke Smoke Dispersal Smoke Management Smolts About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.