Bill > S2580

This bill amends the National Agricultural Research, Extension, and Teaching Policy Act of 1977 to address aquaculture assistance programs and their funding. Specifically, the bill reauthorizes aquaculture assistance programs by increasing authorized funding to $15 million annually for fiscal years 2025 through 2029. More importantly, it changes how indirect costs (overhead expenses like administrative and facilities costs) are handled for aquaculture research awards. The bill removes the previous prohibition on indirect costs for aquaculture assistance, which means research institutions and organizations can now include these overhead expenses when seeking funding for aquaculture-related research. This change could make aquaculture research projects more financially viable for institutions by allowing them to recover a broader range of expenses associated with their research efforts. The bill is titled the "Promoting American Competition in Aquaculture Research Act" and aims to support and potentially expand aquaculture research in the United States by providing more flexible funding mechanisms.

Agriculture and Natural Resources

https://www.congress.gov/bill/119th-congress/senate-bill/2580/all-info