House Sponsors: KENNER-OSTERMAN. Short description: GRANT-LOAN ADMIN EXPENSE ACT Synopsis of Bill as introduced: Creates the Grant and Loan Program Administrative Expenses Act. Provides that when a unit of local government is entitled under State or federal law or regulation to recover or retain funds to reimburse the unit of local government for its administrative expenses incurred in the administration of a grant or loan program, the unit of local government will be reimbursed for indirect and direct costs. Provides that the unit of local government shall not be reimbursed for indirect costs if that reimbursement is inconsistent with any conditions, limitations, or prohibitions imposed under federal law or regulations. Effective immediately. FISCAL NOTE (Dept. of Commerce and Community Affairs) The fiscal impact of HB 1855 on DCCA to provide additional monitoring for grants and loans to local governments cannot be reasonably estimated at this time. Last action on Bill: SESSION SINE DIE Last action date: JAN-07-2003 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status