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Legislative Year: 2022 Change

Title	Tuition Revenue Pledged By Institution Higher Education
Status	Governor Signed (04/07/2022)
Bill Subjects	Higher Education
House Sponsors	B. McLachlan (D) J. Rich (R)
Senate Sponsors	R. Zenzinger (D) C. Simpson (R)
House Committee	Education
Senate Committee	Education
Date Introduced	02/03/2022
Summary	The bill increases, from 10% to 100%, the amount of tuition revenues that a governing board of an institution of higher education or group of institutions of higher education designated as an enterprise may pledge in a contract for the advancement of money. If an institution of higher education issues a revenue bond and the governing board of the institution wants the bond to be an intercept bond, the bill raises the amount of the pledged revenue for the new intercept bond from not less than 10% of tuition to not less than 100% of tuition if the institution is an enterprise.
Committee Reports with Amendments	March 17, 2022: House Education Committee Report February 17, 2022: Senate Education Committee Report
Full Text	Full Text of Bill (pdf) (most recent)
Fiscal Notes	Fiscal Notes (06/15/2022) (most recent)
Additional Bill Documents	Bill Documents Including: Past bill versions Past fiscal notes Committee activity and documents Bill History
Lobbyists	Lobbyists
Audio	[This feature is available by subscription.]
Votes	House and Senate Votes
Vote Totals	Vote Totals by Party