Code of Federal Regulations · Section
§ 34.301 — Responsibility For Administration—Direct Component
31 C.F.R. § 34.301
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Treasury is responsible for awarding and administering grants and grant agreements under this subpart. Treasury will develop and apply policies and procedures consistent with the Act and Federal laws and policies on grants. Treasury also will establish and implement a program to monitor compliance with its grant agreements.
Authorizing Statute
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General authority of the Secretary31 U.S.C. § 321
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Congressional declaration of goals and policy33 U.S.C. § 1251
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Department of the Treasury31 U.S.C. § 301