Bill > HB0373

This bill establishes a pilot program for higher education research funding, creating the "Higher Education Research Funding Pilot Program" which will award grants to research institutions and applied research projects at regional institutions, prioritizing applications based on their impact, connection to Utah industries, relevance to state economic development or public policy needs, potential for commercialization, available matching funds, and opportunities for student participation. The bill also makes several amendments to existing laws, including changes to the powers of the Point of the Mountain State Land Authority, the "Utah first credential program" which aims to help students earn industry-recognized credentials, and the "Nucleus Fund," a limited liability company focused on investing in Utah-based technology companies. Additionally, the bill amends provisions related to the Opportunity Scholarship Program and the Karen Mayne Public Safety Officer Scholarship Program, and it includes a repeal date for the Higher Education Research Funding Pilot Program in 2030, with a specific appropriation of $50,000,000 for fiscal year 2027 to implement this pilot program.

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https://le.utah.gov/~2026/bills/static/HB0373.html