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Authorizes $15 million per year for fiscal years 2025–2029 for aquaculture assistance and adds an immediate rule about how indirect costs are handled for those awards. The new rule makes awards subject to the indirect-cost limit in 7 U.S.C. 1462 and specifies that the limit in 7 U.S.C. 1473 does not apply to these awards.
Amend Section 1477(a) (7 U.S.C. 3324(a)) by striking the word "and" at the end of paragraph (1).
Amend Section 1477(a) (7 U.S.C. 3324(a)) by striking the period at the end of paragraph (2) and inserting "; and".
Add a new paragraph (3) to Section 1477(a) authorizing $15,000,000 for each of fiscal years 2025 through 2029.
Add a new subsection (c) entitled "Indirect costs" to Section 1477. The subsection takes effect beginning on the date of enactment of this subsection.
Under the added subsection (c)(1), the limitation with respect to indirect costs in section 1462 shall apply with respect to awards made under this subtitle.
Entities that seek or receive federal aquaculture assistance — including aquaculture facility operators, industry partners, university researchers, and nonprofit organizations — are the primary groups affected. They stand to benefit from the continued authorization of program funding, which can support projects, technical assistance, and research in aquaculture. At the same time, the change in which statutory indirect-cost cap applies may alter how much overhead recipients can recover on grants: finance offices and grant administrators will need to apply the limit in 7 U.S.C. 1462 and cannot rely on the limit in 7 U.S.C. 1473 for these awards. That could reduce or reallocate funds available for administrative support depending on which statutory cap is more or less favorable to recipients. The authorization does not itself appropriate funds — appropriations committees must provide the dollars — and implementing agencies will need to issue guidance to operationalize the indirect-cost treatment and adapt grant administration processes.
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Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Introduced July 31, 2025 by Roger F. Wicker · Last progress July 31, 2025
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Introduced in Senate