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
Impact
HB 4126 is expected to significantly enhance state laws related to educational funding and industry alignment. By creating a structured financial support system through state managed grants, postsecondary schools will be incentivized to develop programs specifically aimed at preparing students for careers in these industries. This could lead to a more skilled workforce in nuclear and hydrogen energy sectors, addressing both educational and economic demands in the state.
Summary
House Bill 4126, known as the 'Nuclear and Hydrogen Education Grant Program Fund Act,' aims to establish a fund that will award grants to postsecondary institutions in Michigan. The focus of these grants will be on establishing or expanding educational programs that align with the growing needs of the nuclear and hydrogen industries. This initiative reflects a commitment from the state to foster educational frameworks that support emerging technologies and energy solutions.
Contention
Despite its supportive intentions, the bill may raise concerns about the allocation of state resources and the overall emphasis on specific industries. Some stakeholders might argue that this focus reflects a potential over-reliance on particular energy sectors, rather than fostering a broader range of educational approaches. Additionally, there might be discussions regarding the criteria for grant allocations and the effectiveness of such targeted educational programs in meeting community and labor market needs.
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; 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
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
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