{"data":{"id":"us/50-cfr-80.125","jurisdiction":"us","citation":"50 CFR 80.125","heading":"How must a State fish and wildlife agency treat income that it earns after the period of performance?","body":"(a) The State fish and wildlife agency must treat income that it earns after the period of performance as either:\n(1) License revenue for the administration of the agency; or\n(2) Additional funding for purposes consistent with the award or the program.\n(b) The agency must indicate its choice of one of the alternatives set forth in paragraph (a) of this section in the project statement that the agency submits with each application for Federal assistance. If the agency does not record its choice in the project statement, the agency must treat the income earned after the period of performance as license revenue.","path":["Title 50—Wildlife and Fisheries","CHAPTER I—UNITED STATES FISH AND WILDLIFE SERVICE, DEPARTMENT OF THE INTERIOR","SUBCHAPTER F—FINANCIAL ASSISTANCE—WILDLIFE AND SPORT FISH RESTORATION PROGRAM","PART 80—ADMINISTRATIVE REQUIREMENTS, PITTMAN-ROBERTSON WILDLIFE RESTORATION AND DINGELL-JOHNSON SPORT FISH RESTORATION ACTS","Subpart I—Program Income"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-50.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:26:39Z","sha256":"0bf4602d9f51b623499c70079c9cb2aa1ad8f52b1f74a62c8ee6036c87f2ab0b","source_id":"us-cfr","stale":true,"prev":"us/50-cfr-80.124","next":"us/50-cfr-80.126"},"notice":"GroundRules: Original legal text. Not legal advice."}