Pub. L. 95-113, tit. XIV, subtit. K, sec. 1462 (as amended)

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

Year: 2025Length: 173 wordsOfficial source
SEC. 1462. [7 U.S.C. 3310] LIMITATION ON INDIRECT COSTS FOR AGRICULTURAL RESEARCH, EDUCATION, AND EXTENSION PROGRAMS. (a) In General.—Except as otherwise provided in law, indirect costs charged against any agricultural research, education, or extension grant awarded under this Act or any other Act pursuant to authority delegated to the Under Secretary of Agriculture for Research, Education, and Economics shall not exceed 30 percent of the total Federal funds provided under the grant award, as determined by the Secretary. (b) Exception.—Subsections (a) and (c) shall not apply to a grant awarded competitively under section 9 of the Small Business Act (15 U.S.C. 638). (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.
Cross-references to the US Code
7 U.S.C. 3310
Pub. L. 95-113, tit. XIV, subtit. K, sec. 1462 (as amended): LIMITATION ON INDIRECT COSTS FOR AGRICULTURAL RESEARCH, EDUCATION, AND EXTENSION PROGRAMS. | Justis AI