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Fla. Stat. § 1010.05

Federal grants; maximization of indirect cost allowance

Florida · Florida Statutes Chapter 1010 — FINANCIAL MATTERS · Status: effective

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Fla. Stat. § 1010.05, Federal grants; maximization of indirect cost allowance, Florida, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/1161951
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The Department of Education shall maximize the available federal indirect cost allowed on all federal grants. Beginning with the 2003-2004 fiscal year, none of the funds received from indirect cost allowance shall be expended by the department without specific appropriation by the Legislature. Funds received pursuant to s. 1004.22 are specifically exempt from this provision.