PROGRAM INCOME

{
  "id": "MLC-T-ENV-022451",
  "term": "PROGRAM INCOME",
  "field": "Environment",
  "definition": "1. Gross income earned by the recipient that is directly generated by a supported activity or earned as a result of the award (see exclusions in paragraphs 30.24(e) and (h)). Program income includes, but is not limited to, income from fees for services performed, the use or rental of real or personal property acquired under Federally funded projects, the sale of commodities or items fabricated under an award, license fees and royalties on patents and copyrights, and interest on loans made with award funds. Interest earned on advances of Federal funds is not program income. Except as otherwise provided in Federal awarding agency regulations or the terms and conditions of the award, program income does not include the receipt of principal on loans, rebates, credits, discounts, etc., or interest earned on any of them. (40 CFR Part 30)\n\n2. Gross income the recipient earns during its project period from charges for the project. This may include income from service fees, sale of commodities, trade in allowances, or usage or rental fees. Fees from royalties are program income only if the Assistance Agreement so states. Revenue generated under the governing powers of a State or local government which could have been generated without an award is not considered program income. Such revenues include fines or penalties levied under judicial or penal power and used as a means to enforce laws. (Revenue from wastewater treatment construction grant projects under title H of the Clean Water Act, as amended, is not program income. It must be used for operation and maintenance costs of the recipient's wastewater facilities.) (Assistance Administration Manual)",
  "subject": "Laws, regulations and executive orders",
  "references": [
    "Grants and Debarment Glossary"
  ],
  "url": "https://mlchart.com/terminology/environment/program-income/"
}