AMENDED. Increases the indirect cost rate for grants and contracts with nonprofits from 10% to the higher of the de minimis rate established under the OMB Uniform Guidance or 15%; re-enacts Maryland Efficient Grant Application (MEGA) Council, and directs it to study and make recommendations to the Department of Budget and Management on regulations adopting the OMB Uniform Guidance for application to state grants, with appropriate modifications; provides that this is an emergency measure that takes effect upon enactment. Companion to HB 300.