2002 Session

Budget Amendments - HB30 (Conference Report)

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Continue Jt Subcmte on HE Funding (language only)

Item 1 #1c

Item 1 #1c

Legislative Department
General Assembly of Virginia

Page 6, line 32, strike "Studying" and insert "on".
Page 7, line 3, strike "Studying" and insert "on".
Page 7, strike lines 18 through 20 and insert:
"5. The Joint Subcommittee is hereby continued to provide direction and oversight of higher education funding policies. The Joint Subcommittee shall review and articulate policies and funding methodologies on: (a) the appropriate share of educational and general costs that should be borne by students; (b) student financial aid; (c) undergraduate medical education funding; (d) the mix of full-time and part-time faculty; and (e) the mix of in-state and out-of-state students as it relates to tuition policy.  
6. a. It is the objective of the General Assembly that funding for Virginia's public colleges and universities shall be based primarily on the funding guidelines outlined in the November, 2001 report of the Joint Subcommittee on Higher Education Funding Policies.
b. Based on the findings and recommendations of its November, 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 higher education funding guidelines into the development of budget recommendations.
c.  As part of its responsibilities to ensure the fair and equitable distribution and use of public funds among the public institutions of higher education, the State Council of Higher Education shall incorporate the funding guidelines established by the Joint Subcommittee into its budget recommendations to the Governor and the General Assembly."

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