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Federal Register/Vol. 87, No. 18/Thursday, January 27, 2022/Rules and Regulations 4435 <br /> Scope of a 603(c)(4)Transfer would contravene the purpose of SLFRF advancing funds to subrecipients, <br /> Unlike in the case of a transfer under or(2)transfers to governmental and consistent with the various methods <br /> sections 602(c)(3) or 603(c)(3),the non-governmental entities being treated permitted under the Uniform Guidance. <br /> interim final rule SUPPLEMENTARY in a distinct and inconsistent manner. Given the broad flexibility that <br /> INFORMATION specified that transfers That is, section 603(c)(3)transfers to recipients have in selecting eligible uses <br /> from a local government to the state governmental entities would lead to and the broad variety of potential <br /> under section 603(c)(4)will result in a award cancellation but section 603(c)(3) subrecipients,Treasury believes that <br /> cancellation or termination of the award transfers to non-governmental entities specifying a single method of <br /> on the part of the transferor local would lead to a recipient-subrecipient advancement or reimbursement would <br /> government and a modification of the relationship.Therefore,in the final rule, add unnecessary administrative <br /> award to the transferee state. Treasury maintains its distinct difficulty to program administration. <br /> Public Comment:Two commenters treatment of a section 603(c)(3)transfer Recipients may determine the optimal <br /> suggested that Treasury expand section and section 603(c)(4)transfer. payment structure for the transfer of <br /> The final rule clarifies that a transfer funds (e.g.,advance payments, <br /> 603(c)(4)beyond transfers from under section 603(c)(4)will result in a reimbursement basis, et from <br /> localities to the state to include transfers ) <br /> from counties to their constituent local modification,termination, or recipients to subrecipients. Ultimately, <br /> governments,which would incentivize cancellation of the award on the part of recipients must comply with the eligible <br /> counties to augment funds to address the transferor local government and a use requirements and any other <br /> the needs of local governments.These modification of the award to the applicable laws or requirements and are <br /> commenters noted that counties are transferee state or territory.As detailed responsible for the actions of their <br /> in the SUPPLEMENTARY INFORMATION to subrecipients. <br /> disincentivized to make transfers under the interim final rule,the transferor p <br /> section 603(c)(3), as is currently must provide notice of the transfer to E.Administrative Expenses <br /> allowed,as such transfers would require Treasury in a format specified by <br /> that counties provide oversight and Treasury. Until the local government The interim final rule permitted, <br /> monitoringover its subrecipients. under the heading"[e]xpenses to <br /> p provides such notice and Treasury improve efficacy f public health or <br /> Treasury Response:Section 603(c)(4), provides confirmation of its acceptance p y o p „ <br /> by its terms, applies only to transfers of the notice,the local government will economic relief programs, use of funds <br /> from local governments to states. remain responsible for ensuring that the for"[a]dministrative costs associated <br /> Accordingly,the final rule must SLFRF award is being used in with the recipient's COVID-19 public <br /> maintain the interim final rule's health emergency assistance programs, <br /> accordance with the Award Terms and including services responding to the <br /> limitation of section 603(c)(4)transfers g p g <br /> Conditions, section 602 or 603 of the COVID-19 public health emergency or <br /> as applicable only to transfers from local Social Security Act,the final rule, and g y <br /> governments to states.Expansions of its negative economic impacts,that are <br /> section 603 c 4 transfer authority program guidance including reporting not federally funded." <br /> ( )( ) y on such uses of the award funds to <br /> beyond transfers from local Treasury. Following release of the interim final <br /> governments to states were not A state that receives a transfer from a rule,Treasury issued Compliance and <br /> explicitly authorized by Congress.As local government under section Reporting Guidance that provided that <br /> such,transfers under section 603(c)(4) 603(c)(4)will be bound,by statute,by "recipients may use funds for <br /> may only be made by local governments all of the use restrictions set forth in administering the SLFRF program, <br /> to the state in which they are located. section 602(c)with respect to the use of including costs of consultants to <br /> Congress enumerated two separate those SLFRF funds,including the support effective management and <br /> transfer provisions for local prohibitions on use of such SLFRF oversight,including consultation for <br /> governments—section 603(c)(3) and funds to offset certain reductions in ensuring compliance with legal, <br /> section 603(c)(4)—that use different taxes or to make deposits into pension regulatory, and other requirements. <br /> language and were intended to operate funds. The state will be responsible as Further, costs must be reasonable and <br /> differently. Section 603(c)(4) contains the prime recipient for the use and allocable as outlined in 2 CFR 200.404 <br /> prefatory language ("Notwithstanding reporting on any funds transferred and 2 CFR 200.405.Pursuant to the <br /> paragraph(1)"—a reference to the under section 603(c)(4)by the local SLFRF Award Terms and Conditions, <br /> eligible SLFRF uses)that section government. Such transferred funds will recipients are permitted to charge both <br /> 603(c)(3) does not.In other words, be subject to the Award Terms and direct and indirect costs to their SLFRF <br /> section 603(c)(4)transfers are not Conditions previously accepted by the award as administrative costs.Direct <br /> required to constitute an eligible use of state in connection with its SLFRF costs are those that are identified <br /> the funds from the perspective of the award. specifically as costs of implementing the <br /> transferor local government,but section SLFRF program objectives, such as <br /> 603(c)(3)transfers are required to Subrecipient Transfers contract support,materials, and <br /> constitute an eligible use. A transfer to Public Comment:Commenters sought supplies for a project. Indirect costs are <br /> accomplish an eligible use fits within clarification as to how funds may be general overhead costs of an <br /> the recipient-subrecipient framework. transferred from a recipient to another organization where a portion of such <br /> Further,treating section 603(c)(3) entity. For instance, one commenter costs are [sic] allocable to the SLFRF <br /> transfers as leading to a cancellation of requested that recipients be able to award such as the cost of facilities or <br /> the award for the transferor local advance funds to subrecipients as administrative functions like a director's <br /> government would result in scenarios opposed to reimbursing subrecipients office."377 Several commenters <br /> that are inconsistent with the statutory for expenses incurred. <br /> language.An award cancellation Treasury Response:Treasury did not 377 U.s.Department of the Treasury,Recipient <br /> pursuant to a section 603(c)(3)transfer specify in the interim final rule whether Compliance and Reporting Responsibilities,as of <br /> would result in either(1)non- recipients may advance funds to November 5,2021;https://home.treasury.govl <br /> policy-issues/coronavirus/assistance for-state-local- <br /> governmental entities becoming award subrecipients. This omission was not and-tribal-governments/state-and-local fiscal- <br /> recipients under the program,which intended to prevent recipients from Continued <br />