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6 <br /> under this Agreement and shall reduce requests for additional funds by the amount of <br /> any such program income balances on hand. All unused program income shall be <br /> returned to the County at the closeout of this Agreement period. Any interest earned on <br /> advances from federal funds is not program income and shall be remitted promptly to <br /> the County. <br /> h. Closeout. Final payment request(s) under this Agreement must be received by the <br /> County no later than thirty (30) days after the earlier of the expiration date or <br /> termination date of this Agreement. The County will not accept a payment request <br /> submitted after this date without authorization from the County. In consideration of <br /> the execution of this Agreement by the County,the Subrecipient agrees that acceptance <br /> of final payment from the County will constitute an agreement by Subrecipient to <br /> release and forever discharge the County, its agents, employees, representatives, <br /> affiliates, successors and assigns from any and all claims, demands, damages, <br /> liabilities, actions, causes of action or suits of any nature whatsoever, which <br /> Subrecipient has at the time of acceptance of final payment or may thereafter have, <br /> arising out of or in any way relating to any and all injuries and damages of any kind as <br /> a result of or in any way relating to this Agreement. The Subrecipient's obligations to <br /> the County under this Agreement shall not terminate until all closeout requirements are <br /> completed to the satisfaction of the County. Such requirements shall include <br /> submitting final reports to the County and providing any closeout-related information <br /> requested by the County by the deadlines specified by the County. This provision shall <br /> survive the expiration or termination of this Agreement. <br /> 6. Subrecipient Responsibilities: Compliance with Grant Agreement and Applicable Laws <br /> a. In General. Subrecipient shall perform all activities funded by this Agreement in <br /> accordance with this Agreement, the award agreement between the County and the <br /> Department of Treasury, and all applicable federal, state and local requirements, <br /> including all applicable statutes,rules,regulations,executive orders,directives or other <br /> requirements. Such requirements may be different from the Subrecipient's current <br /> policies and practices. The County will assist the Subrecipient to comply with all <br /> applicable requirements. However, the Subrecipient will be ultimately responsible for <br /> ensuring its compliance with applicable requirements. <br /> b. Authority. This Agreement is subject to and Subrecipient agrees to comply with the <br /> laws, regulations, and guidance documents authorizing and implementing this grant, <br /> including the following: <br /> (1) Authorizing Statute. Section 603 of the Social Security Act (42 U.S.C. 803), <br /> as added by section 9901(a) of the American Rescue Plan Act of 2021 (Pub. L. <br /> No. 117-2). <br /> (2) Implementing Regulation. Subpart A of 31 CFR Subtitle A, Part 35 <br /> (Coronavirus State and Local Fiscal Recovery Funds), as adopted in the <br /> Coronavirus State and Local Fiscal Recovery Funds interim final rule (86 FR <br /> 26786, May 17, 2021), and other subsequent regulations implementing Section <br /> 603 of the Social Security Act(42 U.S.C. 803). <br /> (3) Guidance. Applicable guidance documents issued by the Department of <br /> Treasury, including Compliance and Reporting Guidance: State and Local <br /> 5 <br />