Increased Funding and Support for US Aquaculture Research Programs.
This bill reauthorizes and increases federal funding for aquaculture research and assistance programs, allocating $15 million annually through 2028. Crucially, it removes restrictions on using grant money for administrative overhead (indirect costs). This change aims to boost domestic seafood production and research efficiency, potentially leading to more sustainable and affordable seafood options for consumers.
Key points
Allocates $15 million annually (2024-2028) to support research and development in American aquaculture.
Removes barriers for research institutions by allowing them to use grant funds to cover necessary administrative and overhead costs.
Status:
Expired
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