2014 Special Session I

Budget Amendments - HB5002 (Floor Approved)

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Auxilary Indirect (language only)

Item 3-4.01 #1h

Item 3-4.01 #1h

Auxiliary Enterprises in Institutions of Higher Education
Auxiliary Enterprise Investment Yields

Page 450, line 20, strike "as determined by the State Council of Higher Education" and insert:
"as certified by institutions of higher education to the Comptroller subject to annual audit by the Auditor of Public Accounts".

(This amendment streamlines processes consistent with recommendations of the Higher Education Advisory Committee.)