§ 23-19.7-101 — Legislative declaration

Colorado § 23-19.7-101

• Jurisdiction: Colorado
• Title 23: Postsecondary Education
• Art.: Higher Education Competitive

Text

(1) The general assembly hereby finds
and declares that:

(a) During the peer review process for awarding federally sponsored
research projects, the federal government often requires project applicants to
provide state matching moneys or gives preference to applicants that demonstrate
an ability to provide such moneys.

(b) Colorado, unlike many other states, does not have a dedicated source of
matching moneys for federally sponsored research projects.

(c) Federal requirements and preferences for state matching moneys
disadvantage Colorado public universities when competing against universities in
other states that can access dedicated sources of state matching moneys.

(d) It is therefore necessary and appropriate for the state to provide a
dedicated source of matching moneys that will allow Colorado public universities to
compete on equal footing with out-of-state universities when applying for federally
sponsored research projects and to create an authority to oversee the use of the
matching moneys.

Legislative History

Source: L. 2007: Entire article added, p. 1599, � 1, effective May 31.