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Reporting Deadlines <br />Public Comment: Treasury received comments requesting various changes to reporting <br />deadlines to ease compliance burdens. For example, Treasury received several comments <br />requesting that Treasury delay early reporting deadlines for various reasons, including to align <br />with the timeline for issuing a final rule and to allow for more time for recipients to determine <br />SLFRF allocations. Commenters also requested changes to the immediacy of reporting, for <br />example requesting that Treasury allow expenses to be reported with a lag instead of the quarter <br />in which they were accrued or that reports be due 90 days after period close instead of 30 days <br />after the close of a reporting period. Some commenters requested changes to the reporting <br />frequency, for example to report biannually rather than quarterly. <br />Treasury Response: Treasury has clarified reporting deadlines in the Compliance and <br />Reporting guidance 384 Treasury is retaining the reporting deadline of 30 days after the close of <br />the reporting period to ensure timely accounting of the use of SLFRF funds; this timeline also <br />aligns with practices in many other federal programs. The final rule maintains Treasury's <br />discretion to extend or delay reporting deadlines. <br />Administrative Costs for Reporting and Compliance <br />Public Comment: Many commenters sought clarification about whether various <br />administrative costs related to reporting and compliance were eligible uses of funds and asked <br />for clarification on the limits of such use. <br />384 Id. <br />372 <br />