Budget Amendment ID: FY2024-S3-433

EHS 433

Indirect Cost Rate

Mr. Payano, Ms. Miranda and Messrs. Brady and Moore moved that the proposed new text be amended in section 2, in item 4000-0005, by inserting after the words “that funds may be set aside for the administration of these programs;” the following words:- “provided further, that a nonprofit grantee’s already approved federal indirect rate will be accepted; provided further that all grantees are allowed to receive reimbursement for indirect rates at no less than 15 percent”.