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Code · STATUTE-COMPILATIONS · FAA Reauthorization Act of 2018 · Sec. 1215

Sec. 1215. MANAGEMENT COSTS

262 words·~1 min read·/statute-compilations/comps-15561/sec-1215

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## SEC. 1215 MANAGEMENT COSTS Section 324 of the Robert T. Stafford Disaster Relief and Emergency Assistance Act (42 U.S.C. 5165b) is amended— ####
(1)in subsection
(a)by striking “any administrative expense, and any other expense not directly chargeable to” and inserting “any direct administrative cost, and any other administrative expense associated with”; and ####
(2)in subsection (b)— #####
(A)by striking “ Notwithstanding ” and inserting the following: > > #### “(1) In general > > Notwithstanding” > ; #####
(B)in paragraph (1), as added by subparagraph (A), by striking “establish” and inserting “implement”; and #####
(C)by adding at the end the following: > > #### “(2) Specific management costs > > The Administrator of the Federal Emergency Management Agency shall provide the following percentage rates, in addition to the eligible project costs, to cover direct and indirect costs of administering the following programs: > > > ##### “(A) Hazard mitigation > > A grantee under section 404 may be reimbursed not more than 15 percent of the total amount of the grant award under such section of which not more than 10 percent may be used by the grantee and 5 percent by the subgrantee for such costs. > > > ##### “(B) Public assistance > > A grantee under sections 403, 406, 407, and 502 may be reimbursed not more than 12 percent of the total award amount under such sections, of which not more than 7 percent may be used by the grantee and 5 percent by the subgrantee for such costs.” > .
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Sec. 1215
MANAGEMENT COSTS
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