Language Page 569, after line 34, insert:"§4-9.04 HIGHER EDUCATION STRATEGIC PLANSa. The governing board of each public institution of higher education shall annually develop and adopt a strategic plan that reflects the goals and objectives of the Virginia Higher Education Opportunity Act (Top Jobs Act) and the Restructured Higher Education Financial and Administrative Operations Act (Restructuring Act), identifies a coordinated approach to state and regional goals, and emphasizes the future needs for higher education in the Commonwealth. Specifically, each plan shall incorporate the goals of (i) providing affordable access for all; (ii) optimizing student success for work and life; (iii) driving change and improvement through innovation and investment; and (iv) advancing the economic and cultural prosperity of the Commonwealth and its regions. The strategic plan shall offer multiple tactical strategies for achieving each goal.b. Each plan shall include academic, financial and enrollment components and identify market demand and objective metrics and factors detailing the level of success in meeting that demand.c. By December 1 of each year, public higher education institutions shall report to the Chairmen of the House Appropriations and Senate Finance Committees on the results of the implementation of the strategic plan in place or a detailed timeline of when the implementation will occur."
Explanation(This amendment is self-explanatory.)