§264.71. What determines the amount of the provisional payment of contingency funds that will be made to a State?
45 C.F.R. § 264.71
We will make a provisional payment to a State that meets the requirements of § 264.70, within the following limits:
The amount that we will pay to a State in a fiscal year will not exceed an amount equal to 1/12 times 20 percent of that State's SFAG for that fiscal year, multiplied by the number of eligible months for which the State has requested contingency funds;
The total amount that we will pay to all States during a fiscal year will not exceed the amount appropriated for this purpose; and
We will pay contingency funds to States in the order in which we receive requests for such payments.
Notes, amendments, and revision history
Authority
Authority: 31 U.S.C. 7501 et seq.; 42 U.S.C. 608, 609, 654, 1302, 1308, and 1337.
Source
Source: 64 FR 17896, Apr. 12, 1999, unless otherwise noted.