Establishes the nuclear and hydrogen education grant program fund in Michigan to support postsecondary schools.
The bill creates the nuclear and hydrogen education grant program fund in the state treasury. The fund will receive money and assets from various sources, with the state treasurer managing its investments. The Department will administer the fund and expend its money on appropriation to award grants to postsecondary schools for establishing or expanding qualified education programs. The fund's money does not lapse to the general fund at the fiscal year's end. The act will not take effect unless specific companion bills are enacted.
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