50 CFR 80.126
§ 80.126 How must a State fish and wildlife agency treat income earned by a subrecipient after the period of performance?
United States · 50 CFR — Wildlife and Fisheries · Status: effective
Cite this
- Citation
- 50 CFR 80.126, § 80.126 How must a State fish and wildlife agency treat income earned by a subrecipient after the period of performance?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/419380
- Permanent ID
ys:prov:419380@1- SHA-256
4e40079d75486ad5c935b7484ceda2931eb5e329ac616dc5c008477ad3b484ae
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(a) The State fish and wildlife agency must treat income earned by a subrecipient after the period of performance as:
(1) License revenue for the administration of the agency;
(2) Additional funding for purposes consistent with the award or the program; or
(3) Income subject only to the terms of the subaward agreement and any subsequent contractual agreements between the agency and the subrecipient.
(b) The agency must indicate its choice of one of the above alternatives in the project statement that the agency submits with each application for Federal assistance. If the agency does not indicate its choice in the project statement, the subrecipient does not have to account for any income earned after the period of performance unless required to do so in the subaward agreement or in any subsequent contractual agreement.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.