40 Tex. Admin. Code § 800.75
Second-Year WIOA Deobligation of Funds
Effective Oct 7, 202449 TexReg 8174Source Note: The provisions of this §800.75 adopted to be effective September 14, 2009, 34 TexReg 6341; amended to be effective February 7, 2011, 36 TexReg 592; amended to be effective October 7, 2024, 49 TexReg 8174.Texas Secretary of State
- (a) In each month of the second year in which the WIOA formula funds are available, the Commission may deobligate funds if a workforce area's unobligated balance of WIOA formula funds exceeds 20 percent of the allocation for each category of WIOA formula funds for the program year.
- (b) The Commission shall not deobligate more than the difference between a workforce area's actual expenditures and the amount of unobligated funds that exceed 20 percent of the allocation for each category of WIOA formula funds for the program year.
- (c) The Commission shall not deobligate funds from a workforce area that failed to meet the expenditure thresholds set forth in subsection (a) of this section if within 60 days prior to the potential deobligation period the Commission executes a contract amendment for a supplemental allocation or reallocation of funds in the same program funding category.
Source Note:The provisions of this §800.75 adopted to be effective September 14, 2009, 34 TexReg 6341; amended to be effective February 7, 2011, 36 TexReg 592; amended to be effective October 7, 2024, 49 TexReg 8174.