LAC 67:VII.1721

LAC 67:VII.1721. Program Income

Last amended: 1995Year: 2026Length: 88 wordsOfficial source

Cite as La. Admin. Code tit. 67, pt. VII, § 1721

A. Program income means gross income received by the grantee directly generated by a grant supported activity, or earned only as a result of the grant agreement during the grant period. During the grant period is the time between the effective date of the award and the ending date of the award. When authorized program income shall be retained by the recipient and used for costs which are in addition to the allowable costs of the project or program but which nevertheless further the objectives of the grant.
LAC 67:VII.1721: LAC 67:VII.1721. Program Income | Justis AI