50 CFR 80.125
§ 80.125 How must a State fish and wildlife agency treat income that it earns after the period of performance?
United States · 50 CFR — Wildlife and Fisheries · Status: effective
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- Citation
- 50 CFR 80.125, § 80.125 How must a State fish and wildlife agency treat income that it earns after the period of performance?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/419379
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Full text
(a) The State fish and wildlife agency must treat income that it earns after the period of performance as either:
(1) License revenue for the administration of the agency; or
(2) Additional funding for purposes consistent with the award or the program.
(b) The agency must indicate its choice of one of the alternatives set forth in paragraph (a) of this section in the project statement that the agency submits with each application for Federal assistance. If the agency does not record its choice in the project statement, the agency must treat the income earned after the period of performance as license revenue.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.