Not less than the applicable percentage specified under paragraph (2) of the Federal formula funds that are paid under sections
361a to
361i of this title and subsections (b) and (c) of section
343 of this title to colleges and universities eligible to receive funds under the Act of July 2, 1862 (
12 Stat. 503, chapter 130;
7 U.S.C.
301 et seq.), during a fiscal year shall be expended for activities that integrate cooperative research and extension (referred to in this subsection as “integrated activities”).