Loading chat...
CA SB336
Bill
AI Summary
-
Requires state agencies administering grant programs to reimburse grantees' indirect costs at one of three specified rates: the grantee's federally-negotiated indirect cost rate agreement, the de minimis rate under federal regulations, or an existing state rate (or proposed rate if none exists).
-
Allows grant applicants to opt into indirect cost reimbursement at any of the three specified rates if selected as a grantee, provided they disclose their requested rate in the grant application.
-
Permits establishment of multiple indirect cost pools that must be distributed to benefited cost objectives on an equitable basis considering relative benefits derived.
-
Applies to all state agency grant programs regardless of funding source (state funds, federal funds, or combination thereof), unless prohibited by other state or federal law.
-
Defines indirect costs as expenses incurred for common or joint purposes benefiting multiple objectives that cannot be readily assigned without disproportionate effort.
Legislative Description
State grant programs: negotiated indirect cost rates.
Last Action
In Senate. Consideration of Governor's veto pending.
9/29/2024