(a) On or before January 1, 2024, the Office of Higher Education shall establish and administer, within available appropriations, an adjunct professor incentive grant program. The program shall provide an incentive grant in an amount of twenty thousand dollars to each licensed health care provider who (1) accepts a position as an adjunct professor at a public institution of higher education that was offered to such provider after being considered as an applicant for such position pursuant to section 10a-154d, and (2) remains in such position for not less than one academic year. Each licensed health care provider who receives a grant under this subsection shall be eligible for an additional grant in an amount of twenty thousand dollars if the provider remains in such position for not less than two academic years. The executive director of the Office of Higher Education shall establish the application process for the grant program.

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(b) Not later than January 1, 2025, and annually thereafter, the executive director of the Office of Higher Education shall report, in accordance with the provisions of section 11-4a, to the joint standing committee of the General Assembly having cognizance of matters relating to public health regarding the number and demographics of the adjunct professors who applied for and received incentive grants from the adjunct professor grant program established under subsection (a) of this section, the number and types of classes taught by such adjunct professors, the institutions of higher education employing such adjunct professors and any other information deemed pertinent by the executive director.