23 CFR 661.45
§ 661.45 What happens when TTFBP funds cannot be obligated by the end of the fiscal year?
United States · 23 CFR — Highways · Status: effective
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- Citation
- 23 CFR 661.45, § 661.45 What happens when TTFBP funds cannot be obligated by the end of the fiscal year?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/97163
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Full text
The TTFBP funds from the Highway Trust Fund (HTF) provided to a project that cannot be obligated by the end of the fiscal year are to be returned to FHWA during August redistribution. The returned funds will be re-allocated to the BIA the following fiscal year after FHWA receives and accepts a formal request for the funds from BIA, which includes a justification for the amounts requested and the reason for the failure of the prior year obligation.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.