Promoting American Competition in Aquaculture Research Act

Section 1477(a) of the National Agricultural Research, Extension, and Teaching Policy Act of 1977 (7 U.S.C. 3324(a)) 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 2025 through 2029.

Section 1477 of the National Agricultural Research, Extension, and Teaching Policy Act of 1977 (7 U.S.C. 3324) is amended by adding at the end the following:

Effective beginning on the date of enactment of this subsection—

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

(2) the limitation with respect to indirect costs under section 1473 shall not apply with respect to those awards.