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2002 Session

Budget Amendments - HB30 (Committee Approved)

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Joint Subcommittee (language only)

Item 1 #6h

Item 1 #6h

Legislative Department
General Assembly of Virginia

Language
Page 7, strike lines 18 through 20, insert:
"5.a. The Joint Subcommittee is hereby continued to provide direction for and oversight of higher education funding policies. The Joint Subcommittee shall review and articulate policies and funding methodologies on (a) the appropriate share of education and general costs that should be borne by students, (b) the mix of in-state and out-of-state students, (c) student financial aid, (d) the mix of full-time and part-time faculty, and (e) undergraduate medical education funding.
b. Based on the findings and recommendations of its November 13, 2001, report, the Joint Subcommittee shall coordinate with the State Council of Higher Education, the Secretary of Education, and the Department of Planning and Budget in incorporating the funding guidelines into future biennial budgets.
6.a.  As part of its responsibilities to ensure the fair and equitable distribution and use of public funds among the public institutions, the State Council of Higher Education shall incorporate the funding guidelines established by the Joint Subcommittee Studying Higher Education Funding Policies into its budget recommendations to the Governor and the General Assembly.
b. By November 1, 2002, the State Council of Higher Education shall present to the Joint Subcommittee a progress report on (a) the development of revised faculty salary peer groups, (b) projected enrollments, and (c) other items as requested by the Joint Subcommittee."


Explanation
(This amendment continues the Joint Subcommittee Studying Higher Education Funding Policies.)