This bill amends several sections of the Idaho Code related to the Idaho Launch Grant Program and the In-Demand Careers Fund. It introduces new definitions, including the establishment of an "Advisory board" to oversee the program, and revises existing definitions to clarify eligibility criteria for students and institutions. Notably, it specifies that eligible coursework must be limited to programs requiring no more than an associate degree or equivalent training, and outlines the conditions under which grants can be awarded, including prioritization based on the pursuit of in-demand careers and financial need. The bill also mandates that grant funds must be expended within three years and establishes a cap on the amount that can be awarded to each eligible student.

Additionally, the bill outlines the structure and responsibilities of the advisory board, which will consist of members from the legislature and the public, and will be tasked with determining criteria for in-demand careers. It also details the funding sources for the In-Demand Careers Fund and the reporting requirements for the executive director regarding the program's effectiveness. The provisions of this act are set to take effect on July 1, 2025, and will be null and void after July 1, 2029, unless extended by the legislature.

Statutes affected:
Bill Text: 72-1204, 72-1205, 72-1206