Section 74-99b86 - Same; use of funds; multi-year grants(a) The matching funds authorized by this act are to be used to attract federal funds to the state for bioscience research and to create endowment-funded positions for bioscience faculty, research positions and scientists at bioscience research institutions.(b) The board may approve multi-year bioscience research grants. L. 2004, ch. 112, § 46; July 1.