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A previous version of this bill directed the Office of the Legislative Auditor General to establish evaluation standards for the grant program; the current version instead assigns that role to the Office of the Legislative Fiscal Analyst and the Governor's Office of Planning and Budget, while giving the Auditor General a separate power to review evaluation findings for methodological rigor. With that change, the bill creates a new "Outcome-based Investment Grant Pilot Framework" allowing state agencies to award certain state grants only when the Legislature specifically designates that grant to operate under this system, requiring applicants to submit a detailed "pre-analysis plan" describing the outcomes they expect to achieve and how they will measure success, and requiring an independent, unconnected evaluator to assess after the fact whether the funded project actually produced those results. The bill appropriates $9 million to launch two initial pilot grants under this framework — $4.5 million through the Utah Board of Higher Education for a program using data tracking to measure improvements in education and economic outcomes, and $4.5 million through the State Board of Education for a school-improvement pilot at up to two underperforming schools modeled on practices used in the Houston Independent School District, including tying teacher and principal pay to performance and providing enhanced coaching and support. Agencies administering these grants must report annually to legislative appropriations subcommittees on grant outcomes and evaluation results, and the entire pilot framework will automatically expire on July 1, 2031, unless lawmakers act to renew it.