SILVERSTEIN. New Act Creates the Grant and Loan Program Administrative Expenses Act. Provides that when a unit of local government is entitled under State or federal law or regulation to recover or retain funds to reimburse the unit of local government for its administrative expenses incurred in the administration of a grant or loan program, the unit of local government will be reimbursed for indirect and direct costs. Provides that the unit of local government shall not be reimbursed for indirect costs if that reimbursement is inconsistent with any conditions, limitations, or prohibitions imposed under federal law or regulations. Effective immediately. FEB-22-2001 S FIRST READING FEB-22-2001 S REFERRED TO SENATE RULES COMMITTEE RULES FEB-28-2001 S ASSIGNED TO COMMITTEE EXECUTIVE MAR-08-2001 S TO SUBCOMMITTEE MAR-08-2001 S COMMITTEE EXECUTIVE MAR-31-2001 S RE-REFERRED TO RULES COMM/RULE 3-9(A) RULES JAN-07-2003 S SESSION SINE DIE END OF INQUIRY Full Text Bill Summary