34 CFR 370.31 - How does the Secretary reallocate funds?

Regulations last checked for updates: Nov 24, 2024

Title 34 - Education last revised: Nov 15, 2024

View all text of Subpart D [§ 370.30 - § 370.31]

§ 370.31 - How does the Secretary reallocate funds?

(a) The Secretary reallocates funds in accordance with section 112(e)(2) of the Act.

(b) A designated agency shall inform the Secretary at least 45 days before the end of the fiscal year for which CAP funds were received whether the designated agency is making available for reallotment any of those CAP funds that it will be unable to obligate in that fiscal year or the succeeding fiscal year.

(Approved by the Office of Management and Budget under control number 1820-0520) (Authority: Sections 12(c), 19, and 112(e)(2) of the Rehabilitation Act of 1973, as amended; 29 U.S.C. 709(c), 716, and 732(e)(2))

authority: Section 112 of the Rehabilitation Act of 1973, as amended; 29 U.S.C. 732,unless

source: 81 FR 55590, Aug. 19. 2016, unless otherwise noted.

cite as: 34 CFR 370.31