Sec. 297b.
(1) From the appropriation in section 297, there is allocated for 2017-2018 an amount not to exceed $18,500,000.00 for competitive grants to districts and intermediate districts for the talent equipment program described in this section. Grants awarded under this section are subject to section 297k.
(2) A district or intermediate district that is a member of a talent consortium is eligible to apply for a grant under this section, in a form and manner prescribed by the department under section 297i.
(3) Grant funds awarded under this section must be used to purchase or lease equipment for use in educational programs that build a more qualified and skilled workforce in emerging and high-demand fields and result in competencies or credentials in those fields.
(4) An application for a grant under this section must include a commitment to provide matching funds of at least 25% of the amount of the grant award and include a description of how the proposed capital infrastructure initiative will align with the talent agreement defined in section 297h and provide increased career opportunities for pupils and adult learners in high-demand fields. Matching funds required under this subsection may be in-kind.
History: Add. 2018, Act 227, Imd. Eff. June 27, 2018 Compiler's Notes: Enacting section 1 of Act 227 of 2018 provides:"Enacting section 1. In accordance with section 30 of article IX of the state constitution of 1963, total state spending from state sources on state school aid under article V of the state school aid act of 1979, 1979 PA 94, MCL 388.1897 to 388.1897n, as added by this amendatory act for fiscal year 2017-2018 is estimated at $100,000,000.00 and state appropriations for school aid to be paid to local units of government forIn enacting section 1 of Act 227 of 2018, the reference to "MCL 388.1897 to 388.1897n" evidently should read "MCL 388.1897 to 388.1897l."