2013 Session

Budget Amendments - HB1500 (Member Request)

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Chief Patron: Peace
In-State Tuition (language only)

Item 4-2.01 #2h

Item 4-2.01 #2h

Nongeneral Fund Revenues

Page 500, strike lines 27 through 30 and insert:
"2. a) The Boards of Visitors or other governing bodies of institutions of higher education shall continue to fix, revise from time to time, charge, and collect tuition, fees, rates, rentals, and other charges for the services, goods, or facilities furnished by or on behalf of such institution and may adopt policies regarding any such service rendered or the use, occupancy, or operation of any such facility provided that  in-state tuition or instructional fee increases for undergraduate students shall not exceed a percentage equal to the annual percentage increase in the United States Average Consumer Price Index for all items, all urban consumers (CPI-U), as published by the Bureau of Labor Statistics of the United States Department of Labor, from January 1 through December 31 of the year immediately preceding the affected year.  Further, in no case shall any increase in in-state tuition or instructional fees exceed four percent in any year.  The State Council of Higher Education shall report the annual increase in terms of dollars and percent set by the Boards of Visitors of each of the public institutions of higher education in the Commonwealth and the State Board for Community Colleges as well as the relevant CPI-U by September 1 of each year.

(This amendment is self-explanatory.)