20 CFR 683.295
§ 683.295 Is earning of profit allowed under the Workforce Innovation and Opportunity Act?
United States · 20 CFR — Employees' Benefits · Status: effective
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- Citation
- 20 CFR 683.295, § 683.295 Is earning of profit allowed under the Workforce Innovation and Opportunity Act?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/81515
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Full text
(a)(1) Under secs. 121(d), 122(a) and 134(b) of WIOA, for-profit entities are eligible to be one-stop operators, service providers, and eligible training providers.
(2) Where for-profit entities are one-stop operators, service providers, and eligible training providers, and those entities are recipients of Federal financial assistance, the recipient or subrecipient and the for-profit entity must follow 2 CFR 200.323.
(b) For programs authorized by other sections of WIOA, 2 CFR 200.400(g) prohibits earning and keeping of profit in Federal financial assistance unless expressly authorized by the terms and conditions of the Federal award.
(c) Income earned by a public or private nonprofit entity may be retained by such entity only if such income is used to continue to carry out the program.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.