Bill > HB0373

This bill establishes a pilot grant program for higher education research funding, known as the Higher Education Research Funding Pilot Program, which will be administered by the board and funded by a portion of the Performance Funding Restricted Account. The program will allocate 75-85% of available research funding to research institutions and 15-25% to applied research projects at regional institutions, with applications prioritized based on expected 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 establishment of the Utah First Credential Program, and modifications to the organization and powers of the Nucleus Institute and its associated Nucleus Fund, which focuses on investing in Utah-based technology companies.

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