# Rules and Procedures for Funds Transfers
> **Fiscal Service** · Final rule. · Published 1999-05-05 · Effective 1999-05-05 · 64 FR 24242
## Document
- **Document number:** 99-11193
- **Category:** other
- **Sub-agency:** Fiscal Service
- **Federal Register citation:** 64 FR 24242
- **CFR reference:** 31 CFR 205
- **Publication date:** 1999-05-05
- **Effective date:** 1999-05-05
## Abstract

This final rule amends regulations on rules and procedures for funds transfers which implement the Cash Management Improvement Act of 1990 (CMIA), as amended. CMIA governs the transfer of funds between the Federal Government and States under Federal assistance programs, and requires Federal agencies and States to minimize the amount of time between the transfer of Federal funds to a State and the payout of those funds by a State for program purposes. Under the regulations, the application of CMIA is limited to major Federal assistance programs. The purpose of this final rule is to revise the dollar thresholds used to define major Federal assistance program for purposes of the regulations in order to add flexibility and, thereby, make it easier for States to comply with the requirements of the regulations. This final rule does not make any substantive changes.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/1999/05/05/99-11193/rules-and-procedures-for-funds-transfers)
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