MD SB127

Increases the minimum indirect cost reimbursement rate for nonprofit organizations receiving State-funded grants or contracts from 10% to 15% of modified total direct costs, or the federal de minimis rate if higher

Applies to 501(c)(3), (c)(4), and (c)(6) nonprofit organizations that are direct recipients or subrecipients of grants funded wholly or partially with State and nonfederal funds

Nonprofits with federally negotiated indirect cost rates may instead use those established rates for State grant reimbursements

Enacted as an emergency measure, taking effect immediately upon approval by Governor Wes Moore on April 22, 2025

Maryland Efficient Grant Application Council must submit recommendations on grants management and uniform guidance adoption to the Department of Budget and Management and General Assembly by July 1, 2027