2014 Missouri Revised Statutes
TITLE XI EDUCATION AND LIBRARIES (160-186)
Chapter 173 Department of Higher Education
Section 173.525 (Repealed L. 2012 H.B. 1608 § A)

MO Rev Stat § 173.525 (2014) What's This?

173.525. 1. Moneys from the research fund shall be used to defray a maximum of thirty-three and one-third percent or, for small business, a maximum of sixty-six and two-thirds percent of the expenses associated with any research project approved by the board of curators for funding under sections 173.500 to 173.565. The remaining sixty-six and two-thirds percent or, for small business, the remaining thirty-three and one-third percent of the expenses associated with any such project shall be contributed by a source other than the state or federal government. The board of curators shall approve for funding only those research projects for which:

(1) Contributions were not committed for the same or related research prior to August 13, 1982;

(2) Contributions have been obtained entirely from sources other than the state or federal governments, student fees, institutional endowment or other moneys used to fund the operating budget of the university; and

(3) Funding is consistent with the purposes of sections 173.500 to 173.565.

2. Only those expenses which are usually and customarily attendant to academic research shall be provided, including, without limitation, salaries of the principal investigators and assistants and the purchase of equipment and supplies. Moneys in the fund shall in no event be used to defray any portion of costs normally attributable to overhead.

3. Notwithstanding other provisions of sections 173.500 to 173.565 to the contrary, the board of curators may, in an amount not to exceed twenty-five percent of any appropriation to the higher education research fund, use such moneys to defray not more than thirty-three and one-third percent of the expenses associated with what is considered a "higher education applied project" as that term is used by sections 173.545 to 173.565 which the board of curators deems to be of unusual promise.

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