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NC H631

Bill

Status

Introduced

4/17/2023

Primary Sponsor

Robert Reives

Click for details

Origin

House of Representatives

2023-2024 Session

AI Summary

  • Creates the University Research Status Enhancement Fund as a nonreverting special fund administered by the Board of Governors of The University of North Carolina

  • Allocates $40,000,000 in nonrecurring General Fund appropriations for fiscal year 2023-2024 to the Fund

  • Board of Governors may distribute funds to high research activity institutions (classified as R2 by Carnegie Classification) to diversify degree-awarding programs and attract additional research faculty

  • Fund's purpose is to upgrade R2-classified institutions to R1 (Very High Research Activity) status to improve national profiles and strengthen ability to attract talent, obtain research funding, and boost local economies

  • Effective upon enactment

Legislative Description

University Research Status Enhancement Fund

Appropriations; Boards; Budgeting; Colleges & Universities; Education; Funding; Funds & Accounts; Higher Education; Public; Rese

Last Action

Ref to the Com on Appropriations, if favorable, Rules, Calendar, and Operations of the House

4/18/2023

Committee Referrals

Appropriations4/18/2023

Full Bill Text

No bill text available