Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 25 - Indians |
Chapter I - Bureau of Indian Affairs, Department of the Interior |
SubChapter H - Land and Water |
Part 170 - Tribal Transportation Program |
Subpart C - Tribal Transportation Program Funding |
Flexible Financing |
§ 170.302 - Can BIA regional offices borrow IRR Program funds from each other?
Latest version.
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Yes. A BIA Regional office, in consultation with tribes, may enter into agreements to borrow IRR Program funds to assist another BIA regional office in financing the completion of an IRR project. These funds must be repaid within the next fiscal year. These agreements cannot be executed during the last year of a transportation authorization act unless Congress has authorized IRR Program funds for the next year.