H.R. 6847, known as the "Federal Grant Accountability Act," seeks to limit the indirect costs that institutions of higher education can charge under Federal research awards, aligning them with private research awards. The bill requires the Office of Management and Budget to...
Simple Explanation
H.R. 6847 wants to make sure schools don't charge too much for things that aren't directly related to doing research when they get money from the government, similar to when they get money from private companies. The government will check to make sure the charges are fair and tell Congress what they find out.