Promoting American Competition in Aquaculture Research Act

Section 1477(a) of the Food and Agriculture Act of 1977 (7 U.S.C. 3324) is amended—

(1) in paragraph (1), by striking and at the end;

(2) in paragraph (2), by striking the period at the end and inserting; and; and

(3) by adding at the end the following:

(3) $15,000,000 for each of fiscal years 2026 through 2030.

Section 1477 of the Food and Agriculture Act of 1977 (7 U.S.C. 3324) is amended by adding at the end the following:

Effective beginning on the date of the enactment of the Promoting American Competition in Aquaculture Research Act, the limitation with respect to indirect costs—

(1) under section 1462 shall apply with respect to awards made under this subtitle; and

(2) under section 1473 shall not apply with respect to such awards.