25 CFR 39.500
§ 39.500 What emergency and contingency funds are available?
United States · 25 CFR — Indians · Status: effective
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- Citation
- 25 CFR 39.500, § 39.500 What emergency and contingency funds are available?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/104288
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Full text
The Secretary:
(a) Must reserve 1 percent of funds from the allotment formula to meet emergencies and unforeseen contingencies affecting educational programs;
(b) Can carry over to the next fiscal year a maximum of 1 percent the current year funds; and
(c) May distribute all funds in excess of 1 percent equally to all schools or distribute excess as a part of ISEP.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.