SB298 Alabama 2021 Session

Sponsors

Session

Regular Session 2021

Title

Economic and Community Affairs Department, Alabama Innovation Act, awarding of grants, further provided, Secs. 41-23-252, 41-23-253, 41-23-255 am'd.

Description

<p class="bill_description"> Under current law, the Alabama Innovation Act provides for research and development enhancement grants to certain Alabama research entities</p><p class="bill_description"> This bill would clarify that any grants awarded to an Alabama research entity must be the result of a partnership with a private sector applicant</p><p class="bill_description"> This bill will also authorize the Alabama Department of Economic and Community Affairs (ADECA) to establish a competitive scoring system to award grants and establish an internship program that would allow interns to be compensated for their work on a qualified research project</p><p class="bill_description"> Additionally, this bill would modify provisions regarding maximum individual grant awards and establish the maximum amount of indirect costs and administrative costs that may be funded from grant funds</p><p class="bill_entitled_an_act"> To amend Sections 41-23-252, 41-23-253, and 41-23-255, Code of Alabama 1975, relating to the Alabama Innovation Act; to provide further for the criteria under which grants are to be given; to clarify the maximum individual grant awards, and the indirect costs and administrative costs of the grant amount awarded; to authorize the Alabama Department of Economic and Community Affairs (ADECA) to establish a competitive scoring system to determine how grants are awarded; and to allow research and development grant funds to be used to compensate interns on projects. </p>

Subjects

State Government