SB1045 (CH0734)

Find a 2018 Bill:

2018 Regular Session



State Government - Grants and Contracts - Reimbursement of Indirect Costs

Sponsored by:

Senator Kagan


Approved by the Governor - Chapter 734

Synopsis:Requiring that the terms of a certain grant or contract allow for reimbursement of indirect costs at the same rate the nonprofit organization has negotiated and received for indirect costs under a direct federal award or negotiated and received from a nonfederal entity based on certain cost principles or, under certain circumstances, at a rate of at least a certain percent of certain costs; and applying the Act.
Analysis:Fiscal and Policy Note (Revised)
All Sponsors:Senator Kagan
Additional Facts:Bill File Type: Regular
Effective Date(s): October 1, 2018
Education, Health, and Environmental Affairs  View Committee HearingHealth and Government Operations  View Committee Hearing
Broad Subject(s):State Government - Procurement
State Government - Agencies, Offices, and Officials
Narrow Subject(s):Contracts -see also- Land Installment Contracts; Procurement
Nonprofit Organizations
Reimbursement Rates
Statutes:Article - State Finance and Procurement

How a Bill Becomes Law

Legislative Lingo

Explanation of Floor Motions and Actions

May 21, 2018 10:36 A.M.