50 CFR § 80.125 - How must a State fish and wildlife agency treat income that it earns after the period of performance?

---
identifier: "/us/cfr/t50/s80.125"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "50 CFR § 80.125 - How must a State fish and wildlife agency treat income that it earns after the period of performance?"
title_number: 50
title_name: "Wildlife and Fisheries"
section_number: "80.125"
section_name: "How must a State fish and wildlife agency treat income that it earns after the period of performance?"
chapter_name: "UNITED STATES FISH AND WILDLIFE SERVICE, DEPARTMENT OF THE INTERIOR"
subchapter_number: "F"
subchapter_name: "FINANCIAL ASSISTANCE—WILDLIFE AND SPORT FISH RESTORATION PROGRAM"
part_number: "80"
part_name: "ADMINISTRATIVE REQUIREMENTS, PITTMAN-ROBERTSON WILDLIFE RESTORATION AND DINGELL-JOHNSON SPORT FISH RESTORATION ACTS"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "16 U.S.C. 669  except for provisions specific to the Wildlife Conservation and Restoration program, and 777-777m, except 777e-1 and g-1."
regulatory_source: "91 FR 1888, Jan. 15, 2026, unless otherwise noted."
cfr_part: "80"
---


# 80.125 How must a State fish and wildlife agency treat income that it earns after the period of performance?

(a) The State fish and wildlife agency must treat income that it earns after the period of performance as either:

(1) License revenue for the administration of the agency; or

(2) Additional funding for purposes consistent with the award or the program.

(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.