View all text of Subpart H [§ 136.101 - § 136.121]

§ 136.111 - Interest.

Tribes and Tribal organizations shall not be held accountable for interest earned on grant funds, pending disbursement by such organization.

Note 1 to § 136.111:

This provision is excepted from application of 2 CFR 200.305(b)(12) by section 106(b) of Pub. L. 93-638.

[40 FR 53143, Nov. 14, 1975, as amended at 50 FR 1854, Jan. 14, 1985; 81 FR 3010, Jan. 20, 2016; 89 FR 80068, Oct. 2, 2024]