SB3983 Summary

• Amends the Grant Accountability and Transparency Act to replace references to "Catalog of Federal Domestic Assistance (CFDA)" with "assistance listings" and "CFDA number" with "assistance listing number (ALN)".

• Adds new definitions for "fringe benefits," "Illinois Stop Payment List," and "Unique Entity Identifier" (replacing the outdated Data Universal Numbering System reference).

• Modifies the definition of "direct costs" to include four specific categories and requires consistent treatment of costs incurred for the same purpose.

• Establishes that performance reports from grant recipients and subrecipients shall not be required more frequently than quarterly, with exceptions allowed for corrective action plans or risk assessments.

• Requires the Governor's Office of Management and Budget to promote best practices for disseminating grant opportunity information to grant-making agencies, with emphasis on reaching previously underserved communities.