The Cancer Prevention and Research Institute of Texas ("CPRIT" or "the Institute") adopts the amendment to §703.11 with a minor change to the proposed text as published in the June 1, 2018, issue of the Texas Register (43 TexReg 3577) in order to remove unnecessary language at the end of subsection (j). Therefore, the section will be republished. The amendment changes the timeframe when a grant recipient may use a new federal indirect cost rate from "less than six months" to "six months or less."

Reasoned Justification

The proposed amendment to §703.11(b)(4) revises the starting date when a grant recipient may use a new federal indirect cost rate (FICR) to calculate the matching funds requirement. A grant recipient that is a public or private institution, as defined by §61.003, Texas Education Code, may use their FICR as a credit when calculating the grant recipient's matching funds requirement. Currently, if the FICR changes less than six months following the anniversary date of the effective date of the grant contract, the grant recipient may use the new rate. The proposed amendment changes the time to "six months or less"for a grant recipient to use a new FICR. This change clarifies the timeframe calculation and gives grant recipients more time to use an updated FICR.

Summary of Public Comments and Staff Recommendation

CPRIT received no public comments regarding the proposed amendment to §703.11.

The rule change is adopted under the authority of the Texas Health and Safety Code Annotated, §102.108, which provides the Institute with broad rule-making authority to administer the chapter, including rules for awarding grants.