Governor Signed
Summary
The bill establishes a new grant program that will fund research projects at Utah’s colleges and universities, using $50 million from the state’s income tax fund for fiscal year 2027. It also revises the Nucleus Institute’s authority, renames the Utah Innovation Fund, and shifts some duties from the Utah Board of Higher Education to the commissioner of higher education. The higher‑education board must oversee the grants, report on the program, and may use existing bodies such as the Nucleus Institute or an ad‑hoc committee to do so.
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