Pub. L. 115-334, tit. VII, subtit. A, sec. 7125 (as amended)

LIMITATION ON INDIRECT COSTS FOR AGRICULTURAL RESEARCH, EDUCATION, AND EXTENSION PROGRAMS.

Year: 2025Length: 139 wordsOfficial source
SEC. 7125. LIMITATION ON INDIRECT COSTS FOR AGRICULTURAL RESEARCH, EDUCATION, AND EXTENSION PROGRAMS. Section 1462 of the National Agricultural Research, Extension, and Teaching Policy Act of 1977 (7 U.S.C. 3310) is amended— (1) in subsection (a), by striking “22 percent” and inserting “30 percent”; (2) in subsection (b), by striking “Subsection (a)” and inserting “Subsections (a) and (c)”; and (3) by adding at the end the following: “(c) Treatment of Subgrants.—In the case of a grant described in subsection (a), the limitation on indirect costs specified in such subsection shall be applied to both the initial grant award and any subgrant of the Federal funds provided under the initial grant award so that the total of all indirect costs charged against the total of the Federal funds provided under the initial grant award does not exceed such limitation.” .
Pub. L. 115-334, tit. VII, subtit. A, sec. 7125 (as amended): LIMITATION ON INDIRECT COSTS FOR AGRICULTURAL RESEARCH, EDUCATION, AND EXTENSION PROGRAMS. | Justis AI