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§ 263.1 How much State money must a State expend annually to meet the basic MOE requirement?
(a)
(1) The minimum basic MOE for a fiscal year is 80 percent of a State's historic State expenditures.
(2) However, if a State meets the minimum work participation rate requirements in a fiscal year, as required under §§ 261.21 and 261.23 of this chapter, after adjustment for any caseload reduction credit under § 261.41 of this chapter, then the minimum basic MOE for that fiscal year is 75 percent of the State's historic State expenditures.