§1225. Availability of appropriations on academic or school-year basis; additional period for obligation of funds — Inbound Citations
20 U.S.C. § 1225
Cited by 2 provisions in release 119-102.
Citations to §1225(b)
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(A) Pursuant to section 1225(b) of this title, amounts under a grant provided under paragraph (1) that are not obligated and expended prior to the beginning of the first fiscal year succeeding the fiscal year for which such amounts were appropriated shall remain available for obligation and expenditure during such first succeeding fiscal year.
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(a) Notwithstanding section 1225(b) of this title or any other provision of law, not more than 15 percent of the funds allocated to a local educational agency for any fiscal year under this subpart (but not including funds received through any reallocation under this subpart) may remain available for obligation by such agency for one additional fiscal year.