§ 618.920 - Reserve fund distributions.

§ 618.920 Reserve fund distributions.

(a) The remaining 35 percent of the training TaOA funds for a fiscal year that remains after the initial allocation will be held by the Department as a reserve. Reserve funds will be used, as needed, for additional distributions to States during the remainder of the fiscal year and for , including distributions to those States that do did not receive an initial distribution. States may not receive reserve funds for TAA administration or employment and case management services without a request for training fundsallocation. The amount of any distributions of reserve funds will be determined by the Department within the time frame described in § 618.930, as appropriate, considering the information provided in reserve fund requests submitted by States as described in paragraph (b) of this section and the level of reserve funds available.

(b) A State requesting reserve funds must demonstrate that at :

(1) At least 50 percent of its

training funds

TaOA funds from the current year (if any were received) and previous fiscal years have been expended

, or that it needs more

; or

(2) The State needs additional TaOA funds to meet demands for services due to unusual and unexpected events, which includes an unexpected increase in the number of trade-affected workers eligible for TaOA.

(c) A State requesting reserve funds under paragraph (b) of this section also must provide a documented estimate of

expected

funding needs through the end of the fiscal year. That estimate must be based on an analysis that includes at least the following:

(1) The average cost of training in the State;

(2) The expected number of participants in training through the end of the fiscal year; and

(3) The remaining TaOA funds the State has available

for training

.