S.Amdt. 2774

SA 2774. Mr. KENNEDY submitted an amendment intended to be proposed
by him to the bill H.R. 1, to provide for reconciliation pursuant to
title II of H. Con. Res. 14; which was ordered to lie on the table; as
follows:

At the appropriate place, insert the following:

SEC. ___. LIMITATION ON OVERHEAD COSTS FOR FEDERAL GRANTS TO
15 PERCENT.

Notwithstanding any other provision of law, no Federal
agency may award a grant that permits more than 15 percent of
the total grant amount to be used for administrative or
overhead costs.
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