Requires executive agencies to reduce cost-sharing (the recipient’s share of grant costs) by 25% for eligible nonprofit grant recipients located in States where more than 20% of residents live below the federal poverty line. The reduction takes effect on the date of enactment and lasts for five years.

Applies only to qualifying nonprofit organizations in high-poverty States, and the text establishes the definitions needed to determine eligibility. Agencies will need to apply the reduced cost-sharing when administering covered grants during the five-year period.