Cash draw
Term · Environment · MLC-T-ENV-004298
1. Transfer of cash under a letter of credit (LOC) from the Federal Treasury into the State’s SRF.
2. Transfer of cash from the Treasury through the ACH to the DWSRF program. Upon a State’s request for a cash draw, the Treasury will transfer funds to the DWSRF program account established in the State’s bank.
| Identifier | MLC-T-ENV-004298 |
|---|---|
| Field | Environment |
| Subject | Social and economic factors |
| References | 40 CFR 35.3105 (CFR 2018); 40 CFR 35.3505 (CFR 2018) |
Record as JSON
{
"id": "MLC-T-ENV-004298",
"term": "Cash draw",
"field": "Environment",
"term_source": "Cash Draw",
"definition": "1. Transfer of cash under a letter of credit (LOC) from the Federal Treasury into the State’s SRF.\n\n2. Transfer of cash from the Treasury through the ACH to the DWSRF program. Upon a State’s request for a cash draw, the Treasury will transfer funds to the DWSRF program account established in the State’s bank.",
"subject": "Social and economic factors",
"references": [
"40 CFR 35.3105 (CFR 2018)",
"40 CFR 35.3505 (CFR 2018)"
],
"url": "https://mlchart.com/terminology/environment/cash-draw/"
}
Record 4,209 of 29,894 in Environment terminology (MLC-0121). Request the full dataset.