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| [ Introduced ] | [ House Amendment 002 ] |
92_HB1855ham001
LRB9204072SMdvam04
1 AMENDMENT TO HOUSE BILL 1855
2 AMENDMENT NO. . Amend House Bill 1855 by replacing
3 everything after the enacting clause with the following:
4 "Section 1. Short title. This Act may be cited as the
5 Grant and Loan Program Administrative Expense Act.
6 Section 5. Definitions. As used in this Act:
7 "Grant or loan program" means any State or federal grant
8 or loan program administered by any State agency at the State
9 level, and by units of local government on the local level.
10 "Indirect costs" means that portion of the costs to a
11 unit of local government that are incurred for more than one
12 purpose that is allocable to the costs of administering a
13 grant or loan program under standard accounting principals
14 and, when applicable, federal law or regulations.
15 Section 10. Reimbursement of administrative expenses. If
16 a grant is awarded by the State (100% State funds) to a
17 municipality with a population of more than 1,000,000 that
18 has an indirect costs plan and the grant terms allow the
19 State to pass indirect costs on to the municipality, then the
20 State must reimburse the municipality for its indirect costs.
21 If a grant is a pass-through of federal funds to a
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1 municipality with a population of more than 1,000,000
2 (federal funds passed through the State to the municipality),
3 then the State must reimburse the municipality for its
4 indirect costs based on the indirect cost rate approved by
5 the municipality's federal cognizant agency. This Act does
6 not, however, permit the reimbursement for indirect costs to
7 the extent that the reimbursement is inconsistent with any
8 conditions, limitations, or prohibitions imposed under a
9 federal law or regulation. The reimbursement of
10 administrative expenses made by the State agency to the unit
11 of local government receiving the grant or loan must be made
12 from the grant or loan funds and may not be made from any
13 other funding source. The reimbursement of indirect costs
14 may not exceed 15% of the grant or loan.
15 Section 99. Effective date. This Act takes effect upon
16 becoming law.".