S0962B1252A03427 DMS:CDM 01/20/22 #90 A03427
AMENDMENTS TO SENATE BILL NO. 962
Sponsor: SENATOR LANGERHOLC
Printer's No. 1252
Amend Bill, page 1, line 2, by inserting after "Program,"
and
Amend Bill, page 2, by inserting between lines 10 and 11
"Institution of higher education." An independent
institution of higher education, a community college, a State-
related institution or a member institution of the State System
of Higher Education.
Amend Bill, page 3, lines 6 through 14, by striking out all
of said lines and inserting
(a) Guidelines.--The department may issue guidelines
establishing criteria for an entity to receive a competitive
grant under this act. The guidelines shall include:
(1) The application form for submission to the
department, which shall include a description of other
funding sources and any additional information required by
the department.
(2) Entities that are eligible to apply for a grant.
(3) The method and formula for determining a grant
award amount.
(4) The reporting requirements of grant recipients.
(5) Additional information required by the department.
(b) Operation.--
(1) The department shall establish operational
guidelines for the effective use of coworking and innovation
centers assisted under this act.
(2) The entity shall be responsible for the ongoing
operation and maintenance of the coworking and innovation
center.
Amend Bill, page 3, line 15, by striking out "(b)" and
inserting
(c)
Amend Bill, page 3, lines 17 and 18, by striking out all of
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line 17 and "(2)" in line 18 and inserting
(1)
Amend Bill, page 3, line 20, by striking out "local or
county" and inserting
Federal, county or local
Amend Bill, page 3, line 22, by striking out "(3)" and
inserting
(2)
Amend Bill, page 3, line 25, by striking out "(c)" and
inserting
(d)
Amend Bill, page 3, line 29, by striking out "25%" and
inserting
100%
Amend Bill, page 4, line 11, by striking out "(d)" and
inserting
(e)
Amend Bill, page 4, line 14, by striking out "(e)" and
inserting
(f)
Amend Bill, page 4, by inserting between lines 15 and 16
(g) Failure to remain open.--If a coworking and innovation
center fails to remain open for the required time outlined in
subsection (d)(2) and (3), the entity shall return the funds
received to the department in a timely manner.
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