When may clearance patterns be used?

  1. Law
  2. CFR 31
  3. Money and Finance: Treasury
  4. Regulations Relating to Money and Finance
  5. Fiscal Service, Department of the Treasury
  6. Bureau of the Fiscal Service
  7. Rules and Procedures for Efficient Federal-State Funds Transfers
  8. Rules Applicable to Federal Assistance Programs Included in a Treasury-State Agreement
  9. When may clearance patterns be used?

Checkout our iOS App for a better way to browser and research.

§ 205.21 When may clearance patterns be used?

(a) A State may develop a clearance pattern for:

(1) An individual Federal assistance program;

(2) A logical group of Federal assistance programs that have the same disbursement method and type of payee;

(3) A bank account;

(4) A specific type of payment, such as payroll or vendor payments; or

(5) Anything that is agreed upon by us and a State. If a clearance pattern is used for multiple Federal assistance programs, a State must apply the clearance pattern separately to each Federal assistance program when scheduling funds transfers or calculating interest.

(b) As set forth in § 205.9, a Treasury-State agreement must include the method a State uses to develop and maintain clearance patterns.


Download our app to see the most-to-date content.