Federal financial assistance

Federal financial assistance means assistance that non-Federal entities (including State and local governments) receive or administer in the form of grants, contracts, loans, loan guarantees, property, cooperative agreements, direct appropriations, or other direct or indirect assistance, but does not include a tax credit, deduction or exemption. Federal financial assistance may bedirectorindirect.


29 CFR § 2.31

Scoping language

As used in the regulations in this subpart:

Is this correct? or