GroundRules
34 CFR 76.709: Funds may be obligated during a “carryover period.”
Where this section sits in the code
- Title 34—Education
- Subtitle A—Office of the Secretary, Department of Education
- PART 76—STATE-ADMINISTERED FORMULA GRANT PROGRAMS
- Subpart G—What Are the Administrative Responsibilities of the State and Its Subgrantees?
(a) If a State or a subgrantee does not obligate all of its grant or subgrant funds by the end of the fiscal year for which Congress appropriated the funds, it may obligate the remaining funds during a carryover period of one additional fiscal year.
(b) The State shall return to the Federal Government any carryover funds not obligated by the end of the carryover period by the State and its subgrantees.
Collected 2026-08-27T02:25:40Z. Source file · JSON