MI HB5607

Creates the nuclear and hydrogen graduate attraction and retention program to award annual grants to graduates employed at qualified nuclear or hydrogen electric generation facilities in Michigan

Qualified individuals must graduate from an in-state or out-of-state postsecondary school with a degree or credential in a qualified education program (skilled trades or engineering supporting nuclear or hydrogen energy) and apply within 12 months of graduation

Program participants receive annual payments for 3 years of continuous employment at a qualified electric generation facility; payments cease if employment ends

Establishes penalties for providing false information on applications, including up to 93 days imprisonment and fines up to $1,000

Creates the nuclear and hydrogen graduate attraction and retention program fund, administered by the Department of Labor and Economic Opportunity, to be used for program administration, grant awards, and enforcement; requires annual reporting to legislative committees on program participation and outcomes