Bill > SB120

This bill creates the Colorado Nuclear Workforce Development and Education Program to address the growing demand for skilled workers in the nuclear energy sector. The program will be housed at the Colorado School of Mines and establishes a grant program to support higher education institutions in developing and expanding nuclear engineering degree programs, certificate programs, and training opportunities. A newly created 11-member council will oversee the program, with members appointed by the Governor and legislative leaders, representing various sectors including private companies, labor organizations, and technical experts. The program will be funded entirely through gifts, grants, and donations, with no general fund money appropriated. Grants will only be awarded after the program's cash fund reaches $500,000, and the council will prioritize grants to institutions that can quickly train a workforce, considering factors like regional workforce needs and student interest. The program will provide technical assistance to educational institutions and aim to enhance Colorado's nuclear energy workforce development capabilities. The bill includes annual reporting requirements to legislative committees and is set to be automatically repealed on September 1, 2032, unless extended through a sunset review.