HB1570 amends the Grant Accountability and Transparency Act to ensure grants do not restrict fringe benefits and administrative costs.
HB1570 amends the Grant Accountability and Transparency Act by prohibiting grants from restricting the amount of money used to pay for fringe benefits. It also mandates that grants must not limit administrative costs to less than 20% of the grant award. Fringe benefits include allowances and services provided by employers to their employees as compensation in addition to regular salaries and wages. The bill defines fringe benefits to include costs of leave, employee insurance, pensions, and unemployment benefit plans.
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