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Code of Federal Regulations Title 32. National Defense § 32.37.1335 Program income

Current as of January 02, 2025 | Updated by Findlaw Staff

Gross income earned by the recipient or a participant that is generated by a supported activity or earned as a direct result of a TIA. Program income includes but is not limited to:  income from fees for performing services;  the use or rental of real property, equipment, or supplies acquired under a TIA;  the sale of commodities or items fabricated under a TIA;  and license fees and royalties on patents and copyrights. Interest earned on advances of Federal funds is not program income.

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Cite this article: FindLaw.com - Code of Federal Regulations Title 32. National Defense § 32.37.1335 Program income - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-32-national-defense/cfr-sect-32-37-1335/

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