An act relating to requirements for State-funded grants

H 233 requires Vermont state agencies to execute grant agreements with nonprofits within 30 days of funding approval or award notice, and to pay approved expenses within 30 days of a valid request. It mandates updating Administrative Bulletin 5 by July 2025 to establish a uniform process for nonprofits to use indirect rates above the standard "de minimis" rate. The bill also creates an online reporting system for grantees to document delays and a public database to track these issues. A working group will analyze grant processes, including payment delays and indirect rate consistency with federal standards, and submit recommendations by September 2026. This directly affects nonprofits receiving state-funded grants by clarifying payment timelines and administrative procedures.