Establishes a legislative task force for the purpose of analyzing the sustainability of supporting independent postsecondary institutions with Bundy aid

1 Multi-sponsor

• Nancy Calhoun

BILL NUMBER:A9071

Title of bill

An act establishing a legislative task force for the purpose of analyzing the sustainability of supporting independent postsecondary institutions with Bundy aid

Purpose or general idea of bill

Establishes a task force for the purpose of analyzing the sustainability of supporting independent postsecondary institutions with Bundy Aid and other state funding.

Summary of specific provisions

The task force shall be composed of thirteen members to be appointed by the governor, the temporary president of the senate and the speaker of the assembly. The task force shall have the powers of a legislative committee as provided in article 4 of the legislative law, to solicit, collect and analyze from the appropriate sources, any materials regarding the expenditure of the state on independent postsecondary institutions, for the purpose of investigating the sustainability of supporting such institutions with direct unrestricted financial support. The task force shall create and submit a written report of its findings and conclusions and submit these findings to the governor, temporary president of the senate and the speaker of the assembly.

Justification

With the increasing level of expenditures allocated towards the support of independent postsecondary institutions with state revenues, it would be prudent at this time to create a task force to study how much is being spent and where the revenues have been allocated.

Prior legislative history

None

Fiscal implications

To be determined

Effective date

This act shall take effect immediately.