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2018 Special Session I

Budget Amendments - HB5002 (Floor Approved)

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Higher Education Joint Subcommittee (language only)

Item 1 #1h

Item 1 #1h

Legislative Department
General Assembly of Virginia

Language

Page 10, line 40, strike "and".

Page 10, line 41, strike "system." and insert:

"system; (j) identify and evaluate policies and processes that facilitate alignment of institutional programs and activities with the strategic economic objectives of the Commonwealth of Virginia and its communities and regions; and (k) identify practices by which institutions can develop public-private partnerships and recruit business organizations and other public- and private-sector partners to assist in accomplishing the foregoing objectives."

Page 10, line 49, strike "and".

Page 10, line 51, strike "programs." and insert:

"programs; and (f) identify any practices, processes, and partnerships that would help retain talented students in Virginia following completion, including expanded internship, work-study and other experiential learning programs and enhanced student services related to job placement with Virginia-based employers."

Page 10, after line 57, insert:

"4. The Subcommittee will also evaluate policies and practices that facilitate efficient planning and management by higher education institutions, advance the Commonwealth's strategic economic goals related to higher education, make higher education expenses more affordable and predictable for Virginia students and their families, and better protect those students and families from unanticipated tuition spikes.  The evaluation may include, but is not limited to,  the growth in higher education spending for non-academic priorities, faculty productivity, internal cross subsidization by undergraduate revenues, greater transparency of higher education accounting systems, and stabilization of state support of higher education."

Page 11, line 1, strike "4." and insert "5."

Page 11, line 6, after "services", insert:

"and may accept assistance provided by business organizations and other private- and public-sector partners".



Explanation

(These amendments direct the Joint Subcommittee on the Future Competitiveness of Virginia Higher Education to evaluate policies and processes that facilitate aligning public institutions of higher education and the Commonwealth’s strategic economic objectives, including growth and diversification of Virginia’s statewide and regional economies and enhancement of Virginia student outcomes.)