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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 20 - Employees' Benefits |
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Chapter V - Employment and Training Administration, Department of Labor |
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Part 641 - Provisions Governing the Senior Community Service Employment Program |
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Subpart H - Administrative Requirements |
§ 641.818 - What happens to funds that are unexpended at the end of the Program Year?
Latest version.
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(a) The Department may recapture any unexpended funds at the end of any Program Year and use the recaptured funds during the two succeeding Program Years for:
(1) Incentive grants;
(2) Technical assistance; or
(3) Grant and contract awards for any other SCSEP programs and activities. (OAA sec. 515(c)).
(b) The Department will provide the necessary information through an administrative issuance.