Higher education: education programs; nuclear and hydrogen education grant program; create. Creates new act. TIE BAR WITH: HB 4127'25, HB 4129'25, HB 4126'25, HB 4128'25, HB 4124'25
Impact
If enacted, this bill could significantly enhance Michigan's educational framework related to nuclear and hydrogen energy, enhancing the state's position in emerging energy technologies. The establishment of a grant program incentivizes educational institutions to develop specialized programs that align with industry needs, potentially leading to improved employment opportunities for students who subsequently commit to working in these fields post-graduation. Additionally, it aims to nurture a skilled workforce capable of operating and maintaining facilities powered by these energy sources.
Summary
House Bill 4125, known as the Nuclear and Hydrogen Education Grant Program Act, proposes the creation of a program that will award grants to postsecondary institutions in Michigan. The program's primary aim is to foster educational initiatives that lead to degrees or credentials supporting the nuclear and hydrogen sectors. By emphasizing the importance of these energy industries, the bill seeks to bolster workforce development aligned with the state’s energy goals.
Contention
Discussion around HB 4125 may include concerns regarding funding allocation for the grant program and its implications for state resources. Stakeholders may debate the effectiveness of the proposed grants in genuinely addressing workforce shortages in the nuclear and hydrogen industries, as well as the potential long-term impacts on both education and labor markets in Michigan. Furthermore, since the act is a tie bar with several other bills, it may face scrutiny regarding the interdependencies and overall expectations of successful implementation.
Same As
Corporate income tax: credits; credit for advanced small modular reactor generated power; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding sec. 678. TIE BAR WITH: HB 4127'25, HB 4129'25, HB 4125'25, HB 4126'25, HB 4124'25
Same As
Labor: employment incentives; employment incentives nuclear and hydrogen graduate attraction and retention program act; create. Creates new act. TIE BAR WITH: HB 4127'25, HB 4125'25, HB 4126'25, HB 4128'25, HB 4124'25
Same As
Energy: nuclear; definition of advanced nuclear reactors; provide for. Amends sec. 10h of 1939 PA 3 (MCL 460.10h). TIE BAR WITH: HB 4129'25, HB 4125'25, HB 4126'25, HB 4128'25, HB 4124'25
Same As
Higher education: education programs; fund for nuclear and hydrogen education grant program; create. Creates new act. TIE BAR WITH: HB 4127'25, HB 4129'25, HB 4125'25, HB 4128'25, HB 4124'25
Same As
Corporate income tax: credits; credit for advanced small modular reactors research and development expenses; provide for. Amends 1967 PA 281 (MCL 206.1 - 206.847) by adding secs. 677a & 717a. TIE BAR WITH: HB 4127'25, HB 4129'25, HB 4125'25, HB 4126'25, HB 4128'25
Higher education: education programs; fund for nuclear and hydrogen education grant program; create. Creates new act. TIE BAR WITH: HB 5606'24, HB 5608'24
Energy: nuclear; grant for certain graduates working in a nuclear or hydrogen energy facility; provide for. Creates new act. TIE BAR WITH: HB 5606'24, HB 5608'24, HB 5609'24
Energy: nuclear; definition of advanced nuclear reactors; provide for. Amends sec. 10h of 1939 PA 3 (MCL 460.10h). TIE BAR WITH: HB 5608'24, HB 5609'24
Individual income tax: economic development; research and development income tax credit program; create. Creates new act. TIE BAR WITH: HB 5100'23, HB 5101'23, HB 5102'23