Current:Home > FinanceKentucky Senate passes a top-priority bill to stimulate cutting-edge research at public universities -Insightful Finance Hub
Kentucky Senate passes a top-priority bill to stimulate cutting-edge research at public universities
View
Date:2025-04-24 17:57:38
FRANKFORT, Ky. (AP) — A top-priority bill intended to turn researchers at Kentucky’s public universities into teammates collaborating on cutting-edge research won overwhelming approval in the state Senate on Wednesday.
The measure, sponsored by Senate President Robert Stivers, won Senate passage on a 36-0 vote to advance to the House. Details about start-up funding for the initiative will come into focus in coming weeks. The Senate is working on its version of the next two-year state budget, but the final version will be hashed out by Senate and House negotiators. Stivers will be a key participant in those talks.
The legislation is meant to stimulate research capable of attracting lucrative federal grants and other support while lifting Kentucky’s research profile. Projects could focus on achieving medical breakthroughs and build on schools’ existing strengths in other types of research as well.
The goal is to spur research breakthroughs with lasting impacts on improving lives, Stivers said.
“That’s the hope of this bill, that we will know we made a difference,” the Senate’s top leader said. “A difference in the trajectory of this state, in the lives of people here in this state and well beyond the geographic confines of the state of Kentucky.”
Sen. Gerald Neal, the Senate’s top-ranking Democrat, hailed the bill as “the most visionary action that we’ve undertaken this session.”
The measure was designated as Senate Bill 1, signifying its top-priority status.
Seed funding from the state would help nurture the research projects, but the expectation is that the work would prove successful enough to attract outside funding.
“Pooling our resources means greater opportunity for additional federal grants or private funds by investors who want to support cutting-edge research,” Stivers said in a news release after the Senate vote.
The bill would create an endowed research fund administered by the state Council on Postsecondary Education. Supporters haven’t yet discussed any specific dollar amounts to support the research. The council would solicit and review joint funding applications submitted by two or more public universities to enhance collaboration among Kentucky schools often seen as competitors.
The council would select five research consortiums to receive funding for an initial five years. Interest earnings from the research fund would be transferred into accounts supporting each project.
Each research team’s performance would be reviewed by the council to determine whether its funding support should be renewed for up to five more years. If a research team’s funding is discontinued, the council would review other applications to fill the vacancy.
The state’s research reputation got a boost last year when the University of Kentucky’s Markey Cancer Center achieved the highest level of recognition from the National Cancer Institute. That elevated status will bolster research and patient care in a state plagued by some of the nation’s highest cancer rates.
veryGood! (2)
Related
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Sha'Carri Richardson, Gabby Thomas set up showdown in 200 final at Olympic track trials
- Phillies' Bryce Harper injured after securing All-Star game selection
- Surprise! Lolo Jones competes in hurdles at US Olympic track and field trials
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- Kentucky judge keeps ban in place on slots-like ‘gray machines’
- Supreme Court Overturns Chevron Doctrine: What it Means for Climate Change Policy
- Biden speaks at NYC's Stonewall National Monument marking 55 years since riots
- Senate begins final push to expand Social Security benefits for millions of people
- DOJ charges 193 people, including doctors and nurses, in $2.7B health care fraud schemes
Ranking
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- Kentucky Congressman Thomas Massie announces the death of his wife, Rhonda Massie
- Federal judge temporarily stops Oklahoma from enforcing new anti-immigration law
- Grant Holloway makes statement with 110-meter hurdles win at track trials
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- Contractor at a NASA center agrees to higher wages after 5-day strike by union workers
- Katherine Schwarzenegger Is Pregnant, Expecting Baby No. 3 With Chris Pratt
- Biden says he doesn't debate as well as he used to but knows how to tell the truth
Recommendation
Travis Hunter, the 2
Doug Burgum vetoed anti-LGBTQ measures while governor. Then he started running for president
FDA says new study proves pasteurization process kills bird flu in milk after all
Storms threatens Upper Midwest communities still reeling from historic flooding
'Most Whopper
Pair of giant pandas from China arrive safely at San Diego Zoo
Eagles singer Don Henley sues for return of handwritten ‘Hotel California’ lyrics, notes
Storms threatens Upper Midwest communities still reeling from historic flooding