CFR > Title 7 - Agriculture > SUBTITLE B—Regulations of the Department of Agriculture > CHAPTER XXX—OFFICE OF THE CHIEF FINANCIAL OFFICER, DEPARTMENT OF AGRICULTURE (parts 3010 to 3052) > PART 3015—UNIFORM FEDERAL ASSISTANCE REGULATIONS > SUBPART F—Grant Related Income (§3015.40 to §3015.46) > 3015.40—Scope.

3015.40—Scope.

This subpart contains policies and requirements related to program income and interest and other investment income earned on advances of grant funds. Appendix A defines the term “program income.” There are five categories of program income covered in this subpart. Each is treated in a separate section. The categories are:
(a) General program income;
(b) Proceeds from sale of real property and from sale of equipment and supplies acquired for use;
(c) Royalties and other income earned from a copyrighted work;
(d) Royalties or equivalent income earned from patents or inventions; and
(e) Income after the period of grant or subgrant support not otherwise treated.