4194 Federal Register / Vol. 86, No. 10 / Friday, January 15, 2021 / Notices 

the Fund, they must use the interest 

earned or other proceeds of these 

investments only to cover expenditures 

incurred in accordance with section 

601(d) of the Social Security Act and the 

Guidance on eligible expenses. If a 

government deposits Fund payments in 

a government’s general account, it may 

use those funds to meet immediate cash 

management needs provided that the 

full amount of the payment is used to 

cover necessary expenditures. Fund 

payments are not subject to the Cash 

Management Improvement Act of 1990, 

as amended. 

4. May governments retain assets 

purchased with payments from the 

Fund? 

Yes, if the purchase of the asset was 

consistent with the limitations on the 

eligible use of funds provided by section 

601(d) of the Social Security Act. 

5. What rules apply to the proceeds of 

disposition or sale of assets acquired 

using payments from the Fund? 

If such assets are disposed of prior to 

December 31, 2021, the proceeds would 

be subject to the restrictions on the 

eligible use of payments from the Fund 

provided by section 601(d) of the Social 

Security Act. 

6. Are Fund payments to State, 

territorial, local, and tribal governments 

subject to the provisions of the Uniform 

Guidance applicable to grant 

agreements? 

No. Fund payments made by Treasury 

to State, territorial, local, and Tribal 

governments do not entail grant 

agreements and thus the provisions of 

the Uniform Guidance (2 CFR part 200) 

applicable to grant agreements do not 

apply. The payments constitute ‘‘other 

financial assistance’’ under 2 CFR 

200.40. 

7. Are Fund payments considered 

federal financial assistance for purposes 

of the Single Audit Act? 

Yes, Fund payments are considered to 

be federal financial assistance subject to 

the Single Audit Act (31 U.S.C. 7501– 

7507) and the related provisions of the 

Uniform Guidance, 2 CFR 200.303 

regarding internal controls, §§ 200.330 

through 200.332 regarding subrecipient 

monitoring and management, and 

subpart F regarding audit requirements. 

8. Are Fund payments subject to other 

requirements of the Uniform Guidance? 

Fund payments are subject to the 

following requirements in the Uniform 

Guidance (2 CFR part 200): 2 CFR 

200.303 regarding internal controls, 2 

CFR 200.330 through 200.332 regarding 

subrecipient monitoring and 

management, and subpart F regarding 

audit requirements. 

9. Is there a Catalog of Federal Domestic 

Assistance (CFDA) number assigned to 

the Fund? 

Yes. The CFDA number assigned to 

the Fund is 21.019. 

10. If a State transfers Fund payments to 

its political subdivisions, would the 

transferred funds count toward the 

subrecipients’ total funding received 

from the federal government for 

purposes of the Single Audit Act? 

Yes. The Fund payments to 

subrecipients would count toward the 

threshold of the Single Audit Act and 2 

CFR part 200, subpart F re: audit 

requirements. Subrecipients are subject 

to a single audit or program-specific 

audit pursuant to 2 CFR 200.501(a) 

when the subrecipients spend $750,000 

or more in federal awards during their 

fiscal year. 

11. Are recipients permitted to use 

payments from the Fund to cover the 

expenses of an audit conducted under 

the Single Audit Act? 

Yes, such expenses would be eligible 

expenditures, subject to the limitations 

set forth in 2 CFR 200.425. 

12. If a government has transferred 

funds to another entity, from which 

entity would the Treasury Department 

seek to recoup the funds if they have not 

been used in a manner consistent with 

section 601(d) of the Social Security 

Act? 

The Treasury Department would seek 

to recoup the funds from the 

government that received the payment 

directly from the Treasury Department. 

State, territorial, local, and Tribal 

governments receiving funds from 

Treasury should ensure that funds 

transferred to other entities, whether 

pursuant to a grant program or 

otherwise, are used in accordance with 

section 601(d) of the Social Security Act 

as implemented in the Guidance. 

13. What are the differences between a 

subrecipient and a beneficiary under the 

Fund for purposes of the Single Audit 

Act and 2 CFR part 200, subpart F 

regarding audit requirements? 

The Single Audit Act and 2 CFR part 

200, subpart F regarding audit 

requirements apply to any non-federal 

entity, as defined in 2 CFR 200.69, that 

receives payments from the Fund in the 

amount of $750,000 or more. Nonfederal entities include subrecipients of 

payments from the Fund, including 

recipients of transfers from a State, 

territory, local government, or tribal 

government that received a payment 

directly from Treasury. However, 

subrecipients would not include 

individuals and organizations (e.g., 

businesses, non-profits, or educational 

institutions) that are beneficiaries of an 

assistance program established using 

payments from the Fund. The Single 

Audit Act and 2 CFR part 200, subpart 

F regarding audit requirements do not 

apply to beneficiaries. 

Please see Treasury Office of 

Inspector General FAQs at https://

www.treasury.gov/about/organizationalstructure/ig/Audit%20Reports

%20and%20Testimonies/OIG-CA-20- 

028.pdf regarding reporting in the 

GrantSolutions portal. 

Dated: January 11, 2021. 

Alexandra H. Gaiser, 

Executive Secretary. 

[FR Doc. 2021–00827 Filed 1–14–21; 8:45 am] 

BILLING CODE 4810–25–P 

DEPARTMENT OF VETERANS 

AFFAIRS 

Joint Biomedical Laboratory Research 

and Development and Clinical Science 

Research and Development Services 

Scientific Merit Review Board, 

Amended Notice of Meeting 

The Department of Veterans Affairs 

(VA) gives notice under Federal 

Advisory Committee Act, 5 U.S.C. 

App.2, that a meeting of the Joint 

Biomedical Laboratory Research and 

Development and Clinical Science 

Research and Development Services 

Scientific Merit Review Board (JBL/CS 

SMRB) will be held Thursday, January 

21, 2021, via WebEx. The meeting will 

begin at 3:00 p.m. and end at 5:00 p.m. 

Eastern daylight time. The meeting will 

have an open session from 3:00 p.m. 

until 3:30 p.m. and a closed session 

from 3:30 p.m. until 5:00 p.m. 

The purpose of the open session is to 

meet with the JBL/CS Service Directors 

to discuss the overall policies and 

process for scientific review, as well as 

disseminate information among the 

Board members regarding the VA 

research priorities. 

The purpose of the closed session is 

to provide recommendations on the 

scientific quality, budget, safety and 

mission relevance of investigatorinitiated research applications 

submitted for VA merit review 

evaluation. Applications submitted for 

review include various medical 

specialties within the general areas of 

biomedical, behavioral and clinical 

science research. The JBL/CS SMRB 

meeting will be closed to the public for 

Federal Register / Vol. 86, No. 10 / Friday, January 15, 2021 / Notices 4195 

the review, discussion, and evaluation 

of initial and renewal research 

applications, which involve reference to 

staff and consultant critiques of research 

applications. Discussions will deal with 

scientific merit of each application and 

qualifications of personnel conducting 

the studies, the disclosure of which 

would constitute a clearly unwarranted 

invasion of personal privacy. 

Additionally, premature disclosure of 

research information could significantly 

obstruct implementation of proposed 

agency action regarding the research 

applications. As provided by subsection 

10(d) of Public Law 92–463, as amended 

by Public Law 94–409, closing the 

subcommittee meetings is in accordance 

with Title 5 U.S.C. 552b(c) (6) and 

(9)(B). 

Members of the public who wish to 

attend the open JBL/CS SMRB meeting 

should join via WebEx at: Meeting 

number (access code) 199 877 4715, 

meeting password: 5WDkEZaG?48. 

https://veteransaffairs.webex.com/ 

webappng/sites/veteransaffairs/ 

meeting/download/28f6da1fcb6a4eb

9b65f249b841ff391?siteurl=

veteransaffairs&MTID=md9552f12d4

1ecc3645d2e9a6258fdd61. Those who 

would like to obtain a copy of the 

minutes from the closed subcommittee 

meetings and rosters of the 

subcommittee members should contact 

Pauline Cilladi-Rehrer, MSBA, 

Designated Federal Officer, (14RD), 

Department of Veterans Affairs, 810 

Vermont Avenue NW, Washington, DC 

20420, at 202–443–5607 or at 

Pauline.Cilladi-Rehrer@va.gov. 

Dated: January 12, 2021. 

LaTonya L. Small, 

Federal Advisory Committee Management 

Officer. 

[FR Doc. 2021–00888 Filed 1–14–21; 8:45 am] 

BILLING CODE P