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(1)
(a)
(i) The board shall develop, establish, and maintain an Engineering and Computer Science Initiative within the state system of higher education to increase the number of graduates in engineering, computer science, and related technology.
(ii) The board shall make rules in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, providing the criteria for those fields of study that qualify as "related technology" under this section and Section 53B-6-105.9.
(b) The initiative shall include components that:
(i) improve the quality of instructional programs in engineering, computer science, and related technology by providing supplemental money for equipment purchases; and
(ii) provide incentives to institutions to hire and retain faculty under Section 53B-6-105.9.
(2) The increase in program capacity under Subsection (1)(a) shall include funding for new and renovated capital facilities and funding for new engineering and computer science programs.
(3) The Legislature shall provide an annual appropriation to the board to fund the initiative.