# 48 CFR § 2132.607: 2132.607 Tax credit

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-48-2132.607

## Section

- **Citation:** 48 CFR § 2132.607
- **Heading:** 2132.607 Tax credit
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** September 22, 2026
- **Source:** Publisher's official text
- **Location:** Title 48—Federal Acquisition Regulations System > CHAPTER 21—OFFICE OF PERSONNEL MANAGEMENT, FEDERAL EMPLOYEES GROUP LIFE INSURANCE FEDERAL ACQUISITION REGULATION > SUBCHAPTER E—GENERAL CONTRACTING REQUIREMENTS > PART 2132—CONTRACT FINANCING > Subpart 2132.6—Contract Debts

## Text

FAR 32.607 has no practical application to FEGLI Program contracts. The statutory provisions at 5 U.S.C. 8707 and 8708 authorize joint enrollee and Government contributions to the Employees' Life Insurance Fund. Because the Fund is comprised of contributions by enrollees as well as the Government, contractors may not offset debts to the Fund by a tax credit that is solely a Government obligation.

## Nearby sections

- [48 CFR § 2132.170 2132.170 Recurring premium payments to Contractors.](https://www.frixlaw.com/law-library/statutes/ecfr-48-2132.170.md)
- [48 CFR § 2132.171 2132.171 Contract clause.](https://www.frixlaw.com/law-library/statutes/ecfr-48-2132.171.md)
- [48 CFR § 2132.607 2132.607 Tax credit.](https://www.frixlaw.com/law-library/statutes/ecfr-48-2132.607.md)
- [48 CFR § 2132.617 2132.617 Contract clause.](https://www.frixlaw.com/law-library/statutes/ecfr-48-2132.617.md)
- [48 CFR § 2132.770 2132.770 Insurance premium payments and special contingency reserve.](https://www.frixlaw.com/law-library/statutes/ecfr-48-2132.770.md)
- [48 CFR § 2132.771 2132.771 Non-commingling of FEGLI Program funds.](https://www.frixlaw.com/law-library/statutes/ecfr-48-2132.771.md)
- [48 CFR § 2132.772 2132.772 Contract clause.](https://www.frixlaw.com/law-library/statutes/ecfr-48-2132.772.md)
- [48 CFR § 2132.806 2132.806 Contract clause.](https://www.frixlaw.com/law-library/statutes/ecfr-48-2132.806.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-48-2132.607. Check the current official text before relying on it. Not legal advice.