HB6847: Federal Grant Accountability Act
- 1Introduced (current step)
- 2Passed One Chamber
- 3Passed Both Chambers
- 4Became Law
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Bill information
Summary
To impose limitations on the amount of indirect costs allowable under Federal research awards to institutions of higher education, and for other purposes.
Plain-language summary
This bill would limit how much money universities can charge the federal government for indirect costs on research grants. Indirect costs are overhead expenses like building maintenance and administration that universities add on top of grant funding. The bill affects colleges and universities that receive federal research money. Currently, the bill has been introduced in Congress and is in the early stages of the legislative process.
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HB6847: Federal Grant Accountability Act