HB314: Empowering Nonprofits Act
- 1Introduced (current step)
- 2Passed One Chamber
- 3Passed Both Chambers
- 4Became Law
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Bill information
Summary
To require executive agencies to reduce cost-sharing requirements for certain grants with certain nonprofit organizations 25 percent, and for other purposes.
Plain-language summary
This bill directs federal agencies to lower the portion of project costs that certain nonprofit organizations must pay out-of-pocket when receiving federal grants. Under current rules, nonprofits often must cover a percentage of grant costs themselves, called cost-sharing. This bill requires agencies to reduce that required percentage by 25 percent for eligible nonprofits. The bill was recently introduced in Congress and is in its early stage.
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HB314: Empowering Nonprofits Act