HB544

Mississippi HB544 would establish a grant program to help state universities create endowments for hiring professors in quantum computing and.

Mississippi HB544 would create a grant program administered by the Mississippi Development Authority to assist state institutions of higher learning in establishing endowments for recruiting and employing professors of quantum computing and artificial intelligence engineering. The bill establishes a special fund in the state treasury for this purpose. Institutions of higher learning must submit an application to the MDA detailing the endowment purposes, dedicated funds, and requested grant amount. The MDA would review applications and determine eligibility for grants.