(a) Grant funds expended by States. Funds allotted to States under
WIA sections 127(b) and 132(b), for any program year are available for
expenditure by the State receiving the funds only during that program
year and the two succeeding program years.
(b) Grant funds expended by local areas. (1) Funds allocated by a
State to a local area under WIA section 128(b) and 133(b), for any
program year are available for expenditure only during that program
year and the succeeding program year.
(2) Funds which are not expended by a local area in the two-year
period described in paragraph (b)(1) of this section, must be returned
to the State. Funds so returned are available for expenditure by State
and local recipients and subrecipients only during the third program
year of availability. These funds may:
(i) Be used for Statewide projects, or
(ii) Be distributed to other local areas which had fully expended
their allocation of funds for the same program year within the two-year
period.
(c) Job Corps. Funds obligated for any program year for any Job
Corps activity carried out under title I, subtitle C, of WIA, may be
expended during that program year and the two succeeding program years.
(d) Funds awarded under WIA section 171 and 172. (a) Funds
obligated for any program year for a program or activity authorized
under section 171 or 172 of WIA remain available until expended.
(e) Other programs under title I of WIA. For all other grants,
contracts and cooperative agreements issued under title I of WIA the
period of availability for expenditure is set in the terms and
conditions of the award document.
