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House approves SB 112 to expand centers-of-excellence eligibility, authorizes review for out‑of‑state licensing
Summary
The Utah House passed Senate Bill 112 to broaden eligibility for Centers of Excellence grants to smaller colleges and allow the Governor’s Office of Economic Development to set a case-by-case process to determine whether grant funds should be returned if technologies are licensed and exploited outside Utah.
The Utah House voted to pass Senate Bill 112, the Centers of Excellence Amendments, after lawmakers said the changes would open state economic development supports to a broader range of higher-education institutions and provide tools to keep technology and jobs in Utah.
Representative Wallace, who presented the bill, said the measure expands the pool of participating colleges beyond large research universities and charges the Governor’s Office of Economic Development with creating procedures to evaluate whether…
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