Promoting American Competition in Aquaculture Research Act

This bill reauthorizes federal aquaculture research funding at $15 million annually for fiscal years 2025-2029, directly affecting U.S. research programs under the National Agricultural Research, Extension, and Teaching Policy Act. It also modifies cost rules for grants by applying a standard indirect cost limitation (from Section 1462) while removing a separate restriction (from Section 1473), allowing research institutions more flexibility in overhead expenses. These changes aim to streamline funding for aquaculture research and development. The bill impacts federal research programs, universities, and private entities receiving grants under this subtitle.