50 CFR 80.120 - What is program income?
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§ 80.120
What is program income?
(a)
Program income is gross income received by the grantee or subgrantee and earned only as a result of the grant during the grant period.
(3)
Payments by concessioners or contractors under an arrangement with the agency or subgrantee to provide a service in support of grant objectives on real property acquired, constructed, or managed with grant funds;
(5)
Royalties and license fees for copyrighted material, patents, and inventions developed as a result of a grant; or
(6)
Sale of a product of mining, drilling, forestry, or agriculture during the period of a grant that supports the:
(2)
Sales receipts retained by concessioners or contractors under an arrangement with the agency to provide a service in support of grant objectives on real property acquired, constructed, or managed with grant funds;
Title 50 published on 2012-10-01
no entries appear in the Federal Register after this date.
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