The bill establishes a grant program aimed at promoting the training and job placement of realtime stenographic writers, including court reporters and closed captioning professionals. The commissioner of the Office of Higher Education is tasked with creating this program, which will award two grants of $300,000 each year starting in the 2024-2025 academic year. One grant will be designated for an institution in the seven-county metropolitan area, while the other will be for an institution outside this area. Eligible institutions must demonstrate their capacity to train writers, collaborate with community organizations, and propose innovative training approaches.

Additionally, the bill outlines requirements for individual grants and scholarships funded by the program, which must be based on financial need and include a commitment to employment as a realtime stenographic writer for a specified duration. The commissioner will also establish reporting requirements for institutions receiving grants, including assessments of the program's effectiveness and best practices for training and employment retention. A total of $3,150,000 is appropriated from the general fund for this initiative, available until June 30, 2029, with a provision allowing up to five percent for administrative costs.