The Promoting American Competition in Aquaculture Research Act removes restrictions on indirect costs for federal aquaculture research funding. Currently, aquaculture research grants face a prohibition on indirect costs—expenses like administrative overhead and facility maintenance—that other agricultural research programs are allowed to recover. This bill eliminates that prohibition, allowing aquaculture researchers to include these costs in their federal grant applications, making aquaculture research programs more competitive with other agricultural research. The legislation authorizes $15 million annually for aquaculture assistance programs from fiscal year 2025 through 2029. The change takes effect upon the bill's enactment and primarily affects research institutions, universities, and organizations conducting aquaculture research that receive federal grants.
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