Item 4-9.03 (Level III Authority) HB1700 - Introduced

State Budget

2019 Session

Budget Bill - HB1700 (Introduced)

Bill Order » Higher Education Restructuring » Part 4: General Provisions » Item 4-9.03

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Level III Authority

Item 4-9.03

Item 4-9.03

§ 4-9.03 LEVEL III AUTHORITY

a. The Management Agreements negotiated by the institutions contained in Chapters 675 and 685 of the 2009 Acts of Assembly shall continue in effect unless the Governor, the General Assembly, or the institutions determine that the Management Agreements need to be renegotiated or revised.

b. Pursuant to § 23.1-1005, Code of Virginia, the Governor recommends approval for James Madison University to operate as a Level III institution under the management agreement as approved by its board of visitors on November 9, 2018.