California Public Resources Code

§ 90133

PRC § 90133Div. 50 · Ch. 1

Statute text

For grants awarded for projects under this division, the administering agency may, when awarding a grant, reimburse the grantee’s indirect costs. When reimbursing a grantee for indirect costs, the administering agency shall apply one of the following rates as requested by the grantee:

(a)The grantee’s negotiated indirect cost rate pursuant to its negotiated indirect cost rate agreement.

(b)The de minimis indirect cost rate specified in Part 200 of Title 2 of the Code of Federal Regulations.

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Legislative history

Added by Stats. 2024, Ch. 83, Sec. 2. (SB 867) Approved in Proposition 4 at the November 5, 2024, election. Effective November 6, 2024.