| (a) A Grant Recipient may use Grant Award funds only
for Cancer Research and Cancer Prevention projects consistent with
the purpose of the Act, and in accordance with the Grant Contract.
Grant Award funds may not be used for purposes other than those purposes
for which the grant was awarded. The Institute may require a Grant
Recipient to repay Grant Award funds if the Grant Recipient fails
to expend the Grant Award funds in accordance with the terms and conditions
of the Grant Contract and the provisions of this chapter.
(b) A Grant Recipient of Grant Award funds for a Cancer
Research or Cancer Prevention project may not spend more than five
percent (5%) of the Grant Award funds for Indirect Costs.
(c) The Institute may not award more than five percent
(5%) of the total Grant Award funds for each fiscal year to be used
for facility purchase, construction, remodel, or renovation purposes
during any year. Any Grant Award funds that are to be expended by
a Grant Recipient for facility purchase, construction, remodel, or
renovations are subject to the following conditions:
(1) The use of Grant Award funds must be specifically
approved by the Chief Executive Officer with notification to the Oversight
Committee;
(2) Grant Award funds spent on facility purchase,
construction, remodel, or renovation projects must benefit Cancer
Prevention and Research;
(3) If Grant Award funds are used to build a capital
improvement, then the state retains a lien or other interest in the
capital improvement in proportion to the percentage of the Grant Award
funds used to pay for the capital improvement. If the capital improvement
is sold, then the Grant Recipient agrees to repay to the state the
Grant Award funds used to pay for the capital improvement, with interest,
and share with the state a proportionate amount of any profit realized
from the sale.
(d) The Institute may not award more than ten percent
(10%) of the money awarded from the Cancer Prevention and Research
Fund or from the proceeds of bonds issued on behalf of the Institute
to be used for Cancer Prevention and Control programs during any year.
Grant Awards for Cancer Prevention research projects shall not be
counted toward the Grant Award amount limit for Cancer Prevention
and Control Programs. For purposes of this subsection, the Institute
is presumed to award the full amount of funds available. At the first
regular Oversight Committee meeting of the fiscal year, the Chief
Executive Officer shall report that full amount of Grant Award funds
available to be awarded for the fiscal year subject to periodic updates
announced at regular meetings of the Oversight Committee.
|
| Source Note: The provisions of this §703.12 adopted to be effective December 21, 2009, 34 TexReg 9213; amended to be effective March 2, 2014, 39 TexReg 1386; amended to be effective December 9, 2015, 40 TexReg 8793; amended to be effective March 9, 2016, 41 TexReg 1694; amended to be effective June 12, 2016, 41 TexReg 4027; amended to be effective December 7, 2016, 41 TexReg 9527 |
