AN ACT CONCERNING RESEARCH FUNDING AT INSTITUTIONS OF HIGHER EDUCATION IN THE STATE.

This bill creates a new Academic Research Funding Commission within the Executive Department to distribute research grants to faculty at Connecticut colleges and universities. The commission will include 13 members appointed by various state officials, including university leaders, legislative leaders, and industry representatives, with co-chairs from the vice presidents of research at UConn and Yale. Its primary function is to award grants that help offset research funding reductions caused by cuts from federal agencies like the National Institutes of Health and National Science Foundation. The commission will operate without compensation for its members, who will receive expense reimbursements, and will establish its own procedures through bylaws.