[Congressional Record Volume 170, Number 76 (Thursday, May 2, 2024)]
[House]
[Page H2835]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

           By Mr. CLINE:
       H.R. 8224.
       Congress has the power to enact this legislation pursuant 
     to the following:
       Article 1, Section 8
       The single subject of this legislation is:
       This bill eliminates indirect cost reimbursement on federal 
     research grants for institutions with endowments over $5 
     billion and caps indirect cost reimbursement for institutions 
     with endowments larger than $2 billion but less than $5 
     billion at 8 percent. It also places caps indirect cost 
     reimbursement for all other institutions at 15 percent. This 
     bill require institutions of higher education that receive 
     indirect cost reimbursement for federal grants to disclose 
     where they spend extra funds on DEI staff.