Connecticut Senate Bill SB00166

Connecticut 2015 Regular Session

• Introduced: 1/20/15
• Refer: 1/20/15

Caption

An Act Prohibiting The Board Of Regents For Higher Education From Fund-raising.

Impact

The bill's implementation would significantly impact the way public universities and colleges fundraise, effectively limiting their ability to seek private donations or sponsorships. This could lead to a reduction in available funds for programs, scholarships, and development initiatives that enhance the student experience and educational offerings. The proposed prohibition may foster a more uniform approach to funding but could also stifle innovation and individual institutional growth as universities depend less on potentially diverse funding sources.

Summary

SB00166, introduced by Sen. Boucher and Rep. Leygert, is a legislative proposal aimed at prohibiting the Board of Regents for Higher Education from engaging in any fundraising activities for the individual institutions of higher education within its jurisdiction. The primary goal of this bill is to centralize and regulate how funding is acquired for higher education in the state, ensuring accountability and adherence to state guidelines concerning budget allocations and financial support for educational institutions.

Contention

Notably, there may be contention surrounding this bill, as some stakeholders argue it undermines the autonomy of individual institutions to generate private funds. Opponents of the bill might contend that such a restriction could be detrimental, particularly in times of budget constraints where state funding may not be sufficient to cover all operational and program costs. This restriction on fundraising could lead to a contentious debate about the balance between state control and institutional independence in the realm of higher education financing.