Utah Science and Technology Research bill takes a step – $200 million toward new university research facilities and an annual $15 million toward recruitment of researchers.
Higher education and business leaders teamed up Friday to lobby for legislation that would put $200 million toward new university research facilities and an annual $15 million toward recruitment of researchers.
The measure, known as the Utah Science and Technology Research Initiative, passed out of the Senate Economic Development Standing Committee on Friday after bill sponsor Sen. Al Mansell, R-Midvale, told legislators the investment in higher education research would result in spinoff companies, increased tax revenue and higher wages throughout the state.
"Our high-tech jobs we are dropping. We’re really losing ground," Mansell said. "If we’re to get back in the game of high-tech jobs, we need to do some things that are fairly aggressive."
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