No. CS/CS/HB 1325
Filed under Education.
Linking Industry to Nursing Education Fund; Revises Liking Industry to Nursing Education Fund to include nonmonetary contributions; provides requirements for such contributions; revises authorized uses of awarded funds, proposal & review requirements, & allowable contributions; prohibits proposal to participate in fund from being comprised solely of nonmonetary contributions; & authorizes multiyear awards.
Plain English Summary
AI-GENERATEDHealth care partners can now contribute donated staff time, space, or equipment to trigger state matching funds, not just cash.
State matching funds now have priority over nonmonetary contributions when awarding grants to institutions.
Institutions may use funds to expand, retrofit, or upgrade existing facilities, not just build new ones.
The Board of Governors or Department of Education may award multiyear grants of up to two academic years.
AIAllows health care partners to contribute goods and services, not just cash, to receive state matching funds.
AIRequires the state to prioritize cash contributions over nonmonetary ones when awarding matching funds.
AIProhibits institutions from submitting proposals that consist entirely of nonmonetary contributions.
AIPermits use of funds for internships, enrollment increases, and facility upgrades, not just scholarships and equipment.
AIAllows the Board of Governors or Department of Education to award funds for up to two academic years.