Duties of the budget agency

Sec. 4. In coordination with state agencies, the budget agency shall: (1) review all federal assistance received by state agencies; (2) subject each federal assistance opportunity to a cost-benefit analysis that measures the fiscal impact and regulatory impact of the federal assistance to determine whether the federal assistance opportunity should be pursued; (3) prepare and administer an indirect cost allocation plan for managing federal assistance; (4) establish policies regarding federal assistance management by state agencies; and (5) maintain an information system on federal assistance programs. As added by P.L.213-2015, SEC.38. Amended by P.L.108-2019, SEC.48.