90-3-901. Medical research facility projects account -- allocation of funds -- goals and criteria -- rulemaking. (1) There is a medical research facility projects account in the state special revenue fund into which must be deposited the money appropriated in section 1, Chapter 634, Laws of 1989.
(2) Notwithstanding any provision of Title 90, chapter 3, the Montana science and technology development board may award grants of the money appropriated under section 1, Chapter 634, Laws of 1989, for the purposes described in that section.
(3) The board may award a grant to a medical research facility project if the project proposal meets the following goals:
(a) The project is designed to establish an advanced medical research facility that will be funded sufficiently to become an enduring research presence in the state.
(b) The project concentrates on fields of medical research that involve advanced technology applied to national medical concerns.
(c) The project is designed to recruit and retain in the state medical researchers of nationally recognized stature.
(4) The board, at a minimum, shall use the following criteria in awarding a medical research facility grant:
(a) State funds for construction, equipment, and startup operating costs must be matched on at least a 2 1/2-to-1 federal-to-state matching basis with federal funds appropriated for the same purpose.
(b) The project proposal includes an effective construction and operating plan that provides a sound basis for ongoing operation of the facility.
(c) The personnel, equipment, and research operation of the facility are sufficient to earn and maintain a nationally recognized stature.
(5) The board may adopt rules to implement the purposes of section 1, Chapter 634, Laws of 1989, and this section.
History: En. Sec. 2, Ch. 634, L. 1989; amd. Sec. 1, Ch. 429, L. 1991.