Connecticut 2019 Regular Session

Connecticut Senate Bill SB01130 Compare Versions

Version 1 (Old)

Version 2 (New)

Old	New		Differences
1	1
2	2
3		-	`
4		-	Substitute Senate Bill No. 1130
	3	+	LCO \\PRDFS1\SCOUSERS\FORZANOF\WS\2019SB-01130-R01-
	4	+	SB.docx
	5	+	1 of 14
5	6
6		-	Public Act No. 19-154
	7	+	General Assembly Substitute Bill No. 1130
	8	+	January Session, 2019
7	9
8	10
9		-	AN ACT CONCERNING VA RIOUS INITIATIVES AT THE
10		-	UNIVERSITY OF CONNEC TICUT AND PRIORITY FOR GRANTS-IN-
11		-	AID FROM THE HIGHER EDUCATION ENTREPRENE URSHIP
12		-	ADVISORY COMMITTEE.
	11	+
	12	+	AN ACT CONCERNING VA RIOUS INITIATIVES AT THE UNIVERSITY
	13	+	OF CONNECTICUT.
13	14		Be it enacted by the Senate and House of Representatives in General
14	15		Assembly convened:
15	16
16		-	Section 1. Section 10a-104c of the general statutes is repealed and the
17		-	following is substituted in lieu thereof (Effective July 1, 2019):
18		-	(a) The Board of Trustees of The University of Connecticut shall
19		-	develop, continuously maintain and revise from time to time a
20		-	program to facilitate the recruitment of eminent faculty and their
21		-	research staffs to the university. Such program shall support economic
22		-	development in the state through faculty research and promote core
23		-	[competency areas] sectors of the state economy by accelerating the
24		-	pace of applied research and development. Such program shall
25		-	supplement the compensation of such faculty and related costs of
26		-	personnel and materials needed to secure such faculty for the
27		-	university. Eligibility shall be limited to [scientists] individuals who
28		-	have demonstrated excellence in their field of research and have an
29		-	interest in working collaboratively [with other scientists at the
30		-	university and an interest in commercialization of their research] on
31		-	research that meets societal needs or commercialization of discoveries, Substitute Senate Bill No. 1130
	17	+	Section 1. (NEW) (Effective July 1, 2019) In addition to the object set 1
	18	+	forth in section 10a-102 of the general statutes for The University of 2
	19	+	Connecticut, said university and the president and Board of Trustees 3
	20	+	of said university shall seek to educate students in studies and 4
	21	+	disciplines designed to meet the present and projected future needs of 5
	22	+	the state's workforce and to promote the state's economic development 6
	23	+	by assisting in the establishment of new businesses in the state based 7
	24	+	on university-driven innovations and facilitating the transfer and 8
	25	+	accessibility of university-driven technology and patents to such new 9
	26	+	businesses. 10
	27	+	Sec. 2. Section 10a-103 of the general statutes is repealed and the 11
	28	+	following is substituted in lieu thereof (Effective July 1, 2019): 12
	29	+	(a) There shall continue to be a Board of Trustees for The University 13
	30	+	of Connecticut to consist of twenty-one persons, twelve to be 14
	31	+	appointed by the Governor, who shall reflect the state's geographic, 15
	32	+	racial and ethnic diversity and fulfill the qualifications set forth in 16
	33	+	subparagraph (B) of subdivision (1) of this subsection; two to be 17
	34	+	elected by the university alumni; two to be elected by the students 18
	35	+	enrolled at the institutions under the jurisdiction of said board; and 19
	36	+	five members ex officio. 20 Substitute Bill No. 1130
32	37
33		-	Public Act No. 19-154 2 of 7
34	38
35		-	innovations or technologies.
36		-	[(b) No funds shall be expended under this section until the
37		-	president of The University of Connecticut certifies to the Secretary of
38		-	the Office of Policy and Management that the university or the
39		-	university's foundation established pursuant to sections 4-37e and 4-
40		-	37f has received written commitments for financial support from
41		-	industry or other sources of not less than two million dollars for
42		-	purposes identified in subsection (a) of this section.]
43		-	(b) Not later than April 1, 2020, and biennially thereafter, said board
44		-	shall develop a plan for the recruitment and hiring of research faculty,
45		-	including those whose research is focused on societal needs or can be
46		-	commercialized. Such plan shall outline the operating and capital costs
47		-	associated with the plan and include recruitment and hiring goals. The
48		-	president of The University of Connecticut shall submit an annual
49		-	report, in accordance with the provisions of section 11-4a, on the
50		-	university's progress in meeting such hiring goals to the joint standing
51		-	committees of the General Assembly having cognizance of matters
52		-	relating to higher education and finance, revenue and bonding.
53		-	Sec. 2. (NEW) (Effective July 1, 2019) (a) On and after October 1, 2019,
54		-	the president of The University of Connecticut shall spearhead efforts
55		-	to promote the university's entrepreneurship and innovation to
56		-	prospective students and prospective faculty in ways the president
57		-	deems appropriate.
58		-	(b) The Board of Trustees of The University of Connecticut shall
59		-	release for open, public use and freely license any and all patents held
60		-	by the board that have not been utilized for commercialization or
61		-	otherwise licensed for a period of ten years or more, provided the
62		-	inventor is first offered the right to license the patent.
63		-	(c) The Board of Trustees of The University of Connecticut and the Substitute Senate Bill No. 1130
	39	+	LCO {\\PRDFS1\SCOUSERS\FORZANOF\WS\2019SB-01130-
	40	+	R01-SB.docx }
	41	+	2 of 14
64	42
65		-	Public Act No. 19-154 3 of 7
	43	+	(1) (A) On or before July 1, 1983, the Governor shall appoint 21
	44	+	members to the board as follows: Four members for a term of two 22
	45	+	years from said date; four members for a term of four years from said 23
	46	+	date; and four members for a term of six years from said date. 24
	47	+	Thereafter, the Governor shall appoint trustees of said university to 25
	48	+	succeed those appointees whose terms expire, and each trustee so 26
	49	+	appointed shall hold office for a period of six years from the first day 27
	50	+	of July in the year of his or her appointment, provided two of the 28
	51	+	trustees appointed for terms commencing July 1, 1995, and their 29
	52	+	successors shall be alumni of the university, one of the trustees 30
	53	+	appointed for a term commencing July 1, 1997, and his or her 31
	54	+	successors shall be such alumni and one of the members appointed for 32
	55	+	a term commencing July 1, 1999, and his or her successors shall be such 33
	56	+	alumni. 34
	57	+	(B) At least two of the members appointed by the Governor for a 35
	58	+	term commencing on or after July 1, 2019, shall have experience 36
	59	+	recognized by said university as an entrepreneur or an investor in 37
	60	+	business ventures. 38
	61	+	(2) The Commissioner of Agriculture, the Commissioner of 39
	62	+	Education, the Commissioner of Economic and Community 40
	63	+	Development and the chairperson of The University of Connecticut 41
	64	+	Health Center Board of Directors shall be, ex officio, members of the 42
	65	+	board of trustees. The Governor shall be, ex officio, president of said 43
	66	+	board. 44
	67	+	(b) (1) The graduates of all of the schools and colleges of said 45
	68	+	university shall, prior to September first in the odd-numbered years, 46
	69	+	elect one trustee, who shall be a graduate of the institution and who 47
	70	+	shall hold office for four years from the first day of September 48
	71	+	succeeding his or her election. Not less than two or more than four 49
	72	+	nominations for each such election shall be made by the alumni 50
	73	+	association of said university, provided no person who has served as 51
	74	+	an alumni trustee for the two full consecutive terms immediately prior 52
	75	+	to the term for which such election is to be held shall be nominated for 53 Substitute Bill No. 1130
66	76
67		-	president of The University of Connecticut shall build and foster,
68		-	through a series of activities, a culture of innovation and
69		-	entrepreneurship among the students enrolled at each campus of The
70		-	University of Connecticut. Such activities shall include, but need not be
71		-	limited to, organizing and hosting regular networking events for
72		-	student and faculty entrepreneurs, and the support of relevant student
73		-	clubs and organizations.
74		-	(d) The Board of Trustees of The University of Connecticut and the
75		-	president of The University of Connecticut shall seek to build
76		-	entrepreneurial relationships, when feasible and practical, between
77		-	The University of Connecticut and other interested public or
78		-	independent institutions of higher education in the state that are
79		-	engaged in entrepreneurial efforts, including, but not limited to, Yale
80		-	University.
81		-	Sec. 3. (Effective July 1, 2019) (a) The president of The University of
82		-	Connecticut shall oversee (1) the benchmarking and review of
83		-	technology transfer policies at other leading institutions of higher
84		-	education, and (2) the development of a plan concerning such transfer
85		-	policies. In developing such plan, the president shall solicit input from
86		-	members of the CTNext board of directors established pursuant to
87		-	section 32-39f of the general statutes and the Higher Education
88		-	Entrepreneurship Advisory Committee established pursuant to section
89		-	32-39t of the general statutes, as amended by this act, at not less than
90		-	one meeting each of the CTNext board of directors and the advisory
91		-	committee.
92		-	(b) The plan developed under subsection (a) of this section shall
93		-	include:
94		-	(1) Recommendations for reforming the technology transfer policies
95		-	of the university, including recommendations (A) to maximize the
96		-	number of new business ventures formed through the Substitute Senate Bill No. 1130
97	77
98		-	Public Act No. 19-154 4 of 7
	78	+	LCO {\\PRDFS1\SCOUSERS\FORZANOF\WS\2019SB-01130-
	79	+	R01-SB.docx }
	80	+	3 of 14
99	81
100		-	commercialization of faculty and student research, giving greater
101		-	priority to the financial interests of such business ventures than to the
102		-	recoupment of patent-related or other royalties or profit for the
103		-	university, (B) to focus the university's technology transfer policies on
104		-	start-up business formation rather than patent licensing, (C) for
105		-	funding, staffing levels and staff organization necessary to achieve
106		-	such plan, and (D) any other recommendations requested by the board
107		-	of trustees;
108		-	(2) Recommendations, goals and funding needed to foster faculty
109		-	and student entrepreneurship at the university and the creation of an
110		-	alumni mentor network to assist student entrepreneurs and faculty
111		-	with the formation of business ventures. Such recommendations shall
112		-	include best practices for alumni mentor networks that shall be shared
113		-	with CTNext or the Higher Education Entrepreneurship Advisory
114		-	Committee;
115		-	(3) Recommendations for (A) the continuous improvement of the
116		-	policies set forth under subparagraph (A) of subdivision (1) of this
117		-	subsection, taking into consideration best practices of
118		-	entrepreneurship, and (B) actionable measures to increase the creation
119		-	and support of new business ventures;
120		-	(4) Recommendations, if any, of changes to the recruitment and
121		-	hiring plan and goals set forth in subsection (b) of section 10a-104c of
122		-	the general statutes, as amended by this act;
123		-	(5) Consideration of all funds available to The University of
124		-	Connecticut and legislative recommendations, if any, to changes in the
125		-	funding levels of the university;
126		-	(6) Development of a comprehensive plan of metrics to be used for
127		-	the tracking and analysis of the university's success in facilitating the
128		-	creation of new business ventures based on faculty and student Substitute Senate Bill No. 1130
	82	+	any such election. Such election shall be conducted by mail prior to 54
	83	+	September first under the supervision of a canvassing board consisting 55
	84	+	of three members, one appointed by the board of trustees, one by the 56
	85	+	board of directors of the alumni association of the university and one 57
	86	+	by the president of the university. No ballot in such election shall be 58
	87	+	opened until the date by which ballots must be returned to the 59
	88	+	canvassing board. In such election, all graduates shall be entitled to 60
	89	+	vote by signed ballots which have been circulated to them by mail and 61
	90	+	which shall be returned by mail. Vacancies occurring by death or 62
	91	+	resignation of either of such alumni trustees shall be filled for the 63
	92	+	unexpired portion of the term by special election, if such unexpired 64
	93	+	term is for more than eighteen months. When the unexpired term is 65
	94	+	eighteen months or less, such vacancy shall be filled by appointment 66
	95	+	by the board of directors of said alumni association. 67
	96	+	(2) On or before November 1, 1975, the students of The University of 68
	97	+	Connecticut shall, in such manner as the board of trustees of said 69
	98	+	university shall determine, elect two trustees, each of whom shall be 70
	99	+	enrolled as a full-time student of said university at the time of his or 71
	100	+	her election. One such member shall be elected for a term of one year 72
	101	+	from November 1, 1975, and one for a term of two years from said 73
	102	+	date. Prior to July first, annually, such students shall, in accordance 74
	103	+	with this section and in such manner as the board shall determine, 75
	104	+	elect one member of said board, who shall be so enrolled at said 76
	105	+	university at the time of his or her election and who shall serve for a 77
	106	+	term of two years from July first in the year of his or her election. The 78
	107	+	student member elected to fill the term expiring on June 30, 2003, and 79
	108	+	such elected member's successors, shall be enrolled as a full-time 80
	109	+	undergraduate student at a school or college of the university and shall 81
	110	+	be elected by the undergraduate students of the schools and colleges of 82
	111	+	the university. The student member elected to fill the term expiring on 83
	112	+	June 30, 2004, and such elected member's successors, shall be enrolled 84
	113	+	as a full-time student in the School of Law, the School of Medicine, the 85
	114	+	School of Dentistry, the School of Social Work, or as a graduate student 86
	115	+	of a school or college of the university, and shall be elected by the 87 Substitute Bill No. 1130
129	116
130		-	Public Act No. 19-154 5 of 7
131	117
132		-	research;
133		-	(7) An analysis of comparative rankings made by qualified experts
134		-	of institutions of higher education in the United States, with respect to
135		-	such institutions' success in entrepreneurship and innovation,
136		-	including a ranking of The University of Connecticut, and
137		-	identification of a ranking or a range of rankings said university shall
138		-	seek to attain;
139		-	(8) An assessment of current and future space needed on the
140		-	university's campuses to serve as gathering places for student
141		-	entrepreneurs and other individuals who support the development of
142		-	student business ventures, including any projected construction or
143		-	renovation costs to meet such space needs; and
144		-	(9) Recommendations for ways the university can assist other
145		-	institutions of higher education in the state to foster entrepreneurship
146		-	and innovation.
147		-	(c) Not later than January 1, 2020, the president of The University of
148		-	Connecticut shall submit the plan developed under this section to the
149		-	Board of Trustees of The University of Connecticut. Not later than
150		-	March 1, 2020, said board shall either approve such plan or request
151		-	modifications to such plan. The president shall be provided thirty days
152		-	after receiving a request for modifications to submit a revised plan to
153		-	said board. Upon final approval of the plan, said board shall submit
154		-	such plan, in accordance with the provisions of section 11-4a of the
155		-	general statutes, to the joint standing committees of the General
156		-	Assembly having cognizance of matters relating to higher education
157		-	and finance, revenue and bonding and to the CTNext board of
158		-	directors. Each of said committees shall raise a bill during the 2020 or
159		-	2021 regular session to implement any legislative recommendations
160		-	contained in such plan. Said board may adopt a resolution to
161		-	implement the recommendations for the university that are contained Substitute Senate Bill No. 1130
	118	+	LCO {\\PRDFS1\SCOUSERS\FORZANOF\WS\2019SB-01130-
	119	+	R01-SB.docx }
	120	+	4 of 14
162	121
163		-	Public Act No. 19-154 6 of 7
	122	+	students of the School of Law, the School of Medicine, the School of 88
	123	+	Dentistry, the School of Social Work and the graduate students of the 89
	124	+	schools and colleges of the university. Any student member elected 90
	125	+	after July 1, 2013, shall be enrolled as a full-time student at the time of 91
	126	+	his or her election and for the duration of his or her term of service. 92
	127	+	Any vacancies in the elected membership of said board shall, except as 93
	128	+	otherwise provided in this section, be filled by special election for the 94
	129	+	balance of the unexpired term. 95
	130	+	Sec. 3. Section 10a-104 of the general statutes is repealed and the 96
	131	+	following is substituted in lieu thereof (Effective July 1, 2019): 97
	132	+	(a) The Board of Trustees of The University of Connecticut shall: (1) 98
	133	+	Make rules for the government of the university and shall determine 99
	134	+	the general policies of the university, including those concerning the 100
	135	+	admission of students and the establishment of schools, colleges, 101
	136	+	divisions and departments, which policies shall be consistent with the 102
	137	+	goals identified in section 10a-11c, and shall direct the expenditure of 103
	138	+	the university's funds within the amounts available; (2) develop the 104
	139	+	mission statement for The University of Connecticut, and all campuses 105
	140	+	thereof, that shall be consistent with such goals and include, but not be 106
	141	+	limited to, the following elements: (A) The educational needs of and 107
	142	+	constituencies served by said university and campuses; (B) the degrees 108
	143	+	offered by said university; and (C) the role and scope of each 109
	144	+	institution and campus within the university system, which shall 110
	145	+	include each institution's and campus' particular strengths and 111
	146	+	specialties; (3) establish policies for the university system and for the 112
	147	+	individual institutions and campuses under its jurisdiction; (4) review 113
	148	+	and approve recommendations for the establishment of new academic 114
	149	+	programs; (5) report all new programs and program changes to the 115
	150	+	Office of Higher Education; (6) make recommendations, when 116
	151	+	appropriate, regarding institutional or campus mergers or closures; (7) 117
	152	+	coordinate the programs and services of the institutions and campuses 118
	153	+	under its jurisdiction; (8) be authorized to enter into agreements, 119
	154	+	consistent with the provisions of section 5-141d, to save harmless and 120 Substitute Bill No. 1130
164	155
165		-	in such plan.
166		-	Sec. 4. Section 32-39t of the general statutes is repealed and the
167		-	following is substituted in lieu thereof (Effective July 1, 2019):
168		-	(a) There shall be a Higher Education Entrepreneurship Advisory
169		-	Committee within CTNext. Such committee shall consist of members
170		-	appointed by the CTNext board of directors, including, but not limited
171		-	to: (1) An equal number of representatives of public and private
172		-	institutions of higher education; (2) one baccalaureate student
173		-	representative; (3) one graduate student representative; (4) one high
174		-	school student who shall be a nonvoting member; and (5) three serial
175		-	entrepreneurs having experience as an entrepreneur in residence at an
176		-	institution of higher education. Such members shall be subject to term
177		-	limits prescribed by the CTNext board. All initial appointments to the
178		-	committee pursuant to this subsection shall be made not later than
179		-	June 1, 2017. Each member shall hold office until a successor is
180		-	appointed. For the purposes of this section, "serial entrepreneur"
181		-	means an entrepreneur having brought one or more start -up
182		-	businesses to venture capital funding by an institutional investor.
183		-	(b) The executive director of CTNext shall call the first meeting of
184		-	the advisory committee not later than June 15, 2017. The advisory
185		-	group shall select chairpersons of the advisory group during such
186		-	meeting. The advisory committee shall meet not less than quarterly
187		-	thereafter and at such other times as the chairperson deems necessary.
188		-	(c) No member of the advisory committee shall receive
189		-	compensation for such member's service, except that each member
190		-	shall be entitled to reimbursement for actual and necessary expenses
191		-	incurred during the performance of such member's official duties.
192		-	(d) A majority of members of the advisory committee shall
193		-	constitute a quorum for the transaction of any business or the exercise Substitute Senate Bill No. 1130
194	156
195		-	Public Act No. 19-154 7 of 7
	157	+	LCO {\\PRDFS1\SCOUSERS\FORZANOF\WS\2019SB-01130-
	158	+	R01-SB.docx }
	159	+	5 of 14
196	160
197		-	of any power of the advisory committee. The advisory committee may
198		-	act by a majority of the members present at any meeting at which a
199		-	quorum is in attendance, for the transaction of any business or the
200		-	exercise of any power of the advisory committee, except as otherwise
201		-	provided in this section.
202		-	(e) Every member of the advisory committee shall be deemed a
203		-	member of an advisory board for purposes of chapter 10.
204		-	(f) Any institution of higher education, or partnership of one or
205		-	more institutions of higher education, may submit an application for
206		-	higher education entrepreneurship grant-in-aid to the advisory
207		-	committee, on a form prescribed by the advisory committee.
208		-	(g) The advisory committee shall review applications for grants-in-
209		-	aid submitted to it pursuant to this section. The advisory committee
210		-	may recommend approval of any such application to the CTNext
211		-	board of directors if it determines that the application is consistent
212		-	with and in furtherance of the master plan for entrepreneurship at
213		-	public and private institutions of higher education developed pursuant
214		-	to section 32-39s. The advisory committee shall give priority for grants-
215		-	in-aid to applications (1) including collaborative initiatives between
216		-	institutions of higher education, and (2) supporting individual
217		-	institutions of higher education to develop alumni mentor networks,
218		-	entrepreneurs-in-residence programs, university proof of concept
219		-	funds and student business start-up accelerators, when such
220		-	individual institutions demonstrate that such networks, programs,
221		-	funds and accelerators are not feasible for operation across multiple
222		-	institutions of higher education.
	161	+	indemnify sponsors of research grants to The University of 121
	162	+	Connecticut, provided such an agreement is required to receive the 122
	163	+	grant and limits liability to damages or injury resulting from acts or 123
	164	+	omissions related to such research by employees of the university; (9) 124
	165	+	promote fund-raising to assist the university and report to the 125
	166	+	executive director of the Office of Higher Education and the joint 126
	167	+	standing committee of the General Assembly having cognizance of 127
	168	+	matters relating to education by January 1, 1994, and biennially 128
	169	+	thereafter, on such fund-raising; (10) charge the direct costs for a 129
	170	+	building project under its jurisdiction to the bond fund account for 130
	171	+	such project, provided (A) such costs are charged in accordance with a 131
	172	+	procedure approved by the Treasurer and (B) nothing in this 132
	173	+	subdivision shall permit the charging of working capital costs, as 133
	174	+	defined in the applicable provisions of the Internal Revenue Code of 134
	175	+	1986, or any subsequent corresponding internal revenue code of the 135
	176	+	United States, as from time to time amended, or costs originally paid 136
	177	+	from sources other than the bond fund account; (11) exercise the 137
	178	+	powers delegated to it pursuant to section 10a-109d; and (12) establish 138
	179	+	by October 1, 1997, policies governing the acceptance of gifts made by 139
	180	+	a foundation established pursuant to sections 4-37e and 4-37f to the 140
	181	+	university or its employees for reimbursement of expenditures or 141
	182	+	payment of expenditures on behalf of the university or its employees. 142
	183	+	(b) The board of trustees shall: (1) Review and approve institutional 143
	184	+	budget requests and prepare and submit to the Secretary of the Office 144
	185	+	of Policy and Management the budget request for the university and 145
	186	+	all campuses thereof; (2) propose facility planning and capital 146
	187	+	expenditure budget priorities for the institutions under its jurisdiction; 147
	188	+	(3) fulfill requirements concerning the auditing and review of projects 148
	189	+	of UCONN 2000 in accordance with sections 10a-109z to 10a-109bb, 149
	190	+	inclusive; (4) establish the construction assurance office in accordance 150
	191	+	with section 10a-109cc; and (5) exercise the powers delegated to it in 151
	192	+	section 10a-109d. The board may request authority from the Treasurer 152
	193	+	to issue payment for claims against the university, other than a 153
	194	+	payment for payroll, debt service payable on state bonds to 154 Substitute Bill No. 1130
	195	+
	196	+
	197	+	LCO {\\PRDFS1\SCOUSERS\FORZANOF\WS\2019SB-01130-
	198	+	R01-SB.docx }
	199	+	6 of 14
	200	+
	201	+	bondholders, paying agents, or trustees, or any payment the source of 155
	202	+	which includes the proceeds of a state bond issue. 156
	203	+	(c) The board of trustees may create a board of directors for the 157
	204	+	governance of The University of Connecticut Health Center and may 158
	205	+	delegate such duties and authority as it deems necessary and 159
	206	+	appropriate to said board of directors. The board of directors shall 160
	207	+	include members of the board of trustees designated by the 161
	208	+	chairperson of the board of trustees and such other persons as the 162
	209	+	board of trustees deems appropriate. 163
	210	+	(d) There is established a standing subcommittee of the board of 164
	211	+	trustees responsible for addressing entrepreneurial issues. Members of 165
	212	+	the subcommittee shall include, at a minimum, the two board 166
	213	+	members appointed with entrepreneurial experience described in 167
	214	+	subparagraph (B) of subdivision (1) of subsection (a) of section 10a-103, 168
	215	+	as amended by this act, and shall not include more than seven board 169
	216	+	members. The subcommittee shall be responsible for drafting all initial 170
	217	+	resolutions for the fulfillment of the board of trustees' responsibilities 171
	218	+	relating to entrepreneurship at the university. Subcommittee members 172
	219	+	shall appear annually before the joint standing committees of the 173
	220	+	General Assembly having cognizance of matters relating to higher 174
	221	+	education, commerce and finance, revenue and bonding to report on 175
	222	+	the subcommittee's activities and the university's related performance. 176
	223	+	Sec. 4. Section 10a-108 of the general statutes is repealed and the 177
	224	+	following is substituted in lieu thereof (Effective July 1, 2019): 178
	225	+	(a) The board of trustees shall appoint a president of the university. 179
	226	+	Said president shall be the chief executive and administrative officer of 180
	227	+	the university and of the board of trustees. Said president shall carry 181
	228	+	out the policies and enforce the rules adopted by the board of trustees 182
	229	+	and shall have the authority necessary therefor. The board of trustees 183
	230	+	may employ the faculty and other personnel needed to operate and 184
	231	+	maintain the institutions under its jurisdiction. Within the limitation of 185
	232	+	appropriations, the board of trustees shall fix the compensation of such 186 Substitute Bill No. 1130
	233	+
	234	+
	235	+	LCO {\\PRDFS1\SCOUSERS\FORZANOF\WS\2019SB-01130-
	236	+	R01-SB.docx }
	237	+	7 of 14
	238	+
	239	+	personnel, establish terms and conditions of employment and 187
	240	+	prescribe their duties and qualifications. Said board shall determine 188
	241	+	who constitutes its professional staff and establish compensation and 189
	242	+	classification schedules for its professional staff. The board shall 190
	243	+	annually submit to the Commissioner of Administrative Services a list 191
	244	+	of the positions which it has included within the professional staff. 192
	245	+	(b) The president of The University of Connecticut, in consultation 193
	246	+	with the board of trustees, shall establish the position of Vice President 194
	247	+	for Innovation and Entrepreneurship at The University of Connecticut. 195
	248	+	The vice president shall report directly to the president. The vice 196
	249	+	president's duties shall include, but need not be limited to, assisting 197
	250	+	the president in the implementation of all of the president's duties and 198
	251	+	responsibilities relating to entrepreneurship and investment at the 199
	252	+	university. The president shall not hire any person as vice president 200
	253	+	under this section unless such person demonstrates recent experience 201
	254	+	in the development or growing of an entrepreneurial culture at The 202
	255	+	University of Connecticut or another institution of higher education. 203
	256	+	Sec. 5. Section 10a-104c of the general statutes is repealed and the 204
	257	+	following is substituted in lieu thereof (Effective July 1, 2019): 205
	258	+	(a) The Board of Trustees of The University of Connecticut shall 206
	259	+	develop, continuously maintain and revise from time to time a 207
	260	+	program to facilitate the recruitment of eminent faculty and their 208
	261	+	research staffs to the university. Such program shall support economic 209
	262	+	development in the state through commercialization of faculty 210
	263	+	research and promote core [competency areas] sectors of the state 211
	264	+	economy by accelerating the pace of applied research and 212
	265	+	development. Such program shall supplement the compensation of 213
	266	+	such faculty and related costs of personnel and materials needed to 214
	267	+	secure such faculty for the university. Eligibility shall be limited to 215
	268	+	scientists who have demonstrated excellence in their field of research 216
	269	+	and have an interest in working collaboratively with other scientists at 217
	270	+	the university and [an] a demonstrated interest in past and future 218
	271	+	commercialization of their research. 219 Substitute Bill No. 1130
	272	+
	273	+
	274	+	LCO {\\PRDFS1\SCOUSERS\FORZANOF\WS\2019SB-01130-
	275	+	R01-SB.docx }
	276	+	8 of 14
	277	+
	278	+	[(b) No funds shall be expended under this section until the 220
	279	+	president of The University of Connecticut certifies to the Secretary of 221
	280	+	the Office of Policy and Management that the university or the 222
	281	+	university's foundation established pursuant to sections 4-37e and 4-223
	282	+	37f has received written commitments for financial support from 224
	283	+	industry or other sources of not less than two million dollars for 225
	284	+	purposes identified in subsection (a) of this section.] 226
	285	+	(b) Not later than November 15, 2019, said board shall develop and 227
	286	+	implement a plan for the recruitment and hiring of faculty who have 228
	287	+	experience as entrepreneurs or in the commercialization of research. 229
	288	+	Such plan shall include related recruitment and hiring goals for each 230
	289	+	science, technology, engineering and math department of said 231
	290	+	university and shall set a goal of achieving the entrepreneurship ratio, 232
	291	+	established in the final report under section 8 of this act, not later than 233
	292	+	January 1, 2026. 234
	293	+	Sec. 6. (NEW) (Effective July 1, 2019) (a) The Board of Trustees of The 235
	294	+	University of Connecticut and the president of The University of 236
	295	+	Connecticut shall conduct all business on behalf of The University of 237
	296	+	Connecticut in accordance with the objectives set forth in section 10a-238
	297	+	102 of the general statutes and section 1 of this act. 239
	298	+	(b) On and after July 1, 2019, the Board of Trustees of The University 240
	299	+	of Connecticut shall include, in all marketing and promotional 241
	300	+	materials for student recruitment, information that highlights the 242
	301	+	entrepreneurial activity of the university's students and faculty, 243
	302	+	including profiles of successful student or faculty-led ventures, 244
	303	+	entrepreneurial course offerings, services and programming for the 245
	304	+	support of entrepreneurial student efforts, and the existence of any 246
	305	+	entrepreneurial clubs or fraternities. The board shall utilize social 247
	306	+	media for such marketing and promotional efforts. 248
	307	+	(c) The Board of Trustees of The University of Connecticut shall 249
	308	+	release for open, public use and freely license any and all patents held 250
	309	+	by the board that have not been utilized for commercialization or 251 Substitute Bill No. 1130
	310	+
	311	+
	312	+	LCO {\\PRDFS1\SCOUSERS\FORZANOF\WS\2019SB-01130-
	313	+	R01-SB.docx }
	314	+	9 of 14
	315	+
	316	+	otherwise licensed for a period of ten years or more. 252
	317	+	(d) The Board of Trustees of The University of Connecticut and the 253
	318	+	president of The University of Connecticut shall build and foster, 254
	319	+	through a series of activities, a culture of innovation and 255
	320	+	entrepreneurship among the students enrolled at each campus of The 256
	321	+	University of Connecticut, in accordance with the objectives of section 257
	322	+	1 of this act. Such activities shall include, but need not be limited to, 258
	323	+	organizing and hosting regular networking events for student and 259
	324	+	faculty entrepreneurs, and the support of relevant student clubs and 260
	325	+	organizations. 261
	326	+	(e) The Board of Trustees of The University of Connecticut and the 262
	327	+	president of The University of Connecticut shall seek to build 263
	328	+	entrepreneurial relationships between The University of Connecticut 264
	329	+	and other public or independent institutions of higher education in the 265
	330	+	state that are engaged in entrepreneurial efforts, including, but not 266
	331	+	limited to, Yale University. 267
	332	+	(f) Not later than January 1, 2021, the Board of Trustees of The 268
	333	+	University of Connecticut shall design and implement a mentorship 269
	334	+	initiative to cultivate a robust group of alumni and faculty of The 270
	335	+	University of Connecticut who have significant experience in 271
	336	+	entrepreneurship and other prominent entrepreneurs in the state, to 272
	337	+	mentor and advise students and other faculty of the university in the 273
	338	+	creation and growth of new business ventures. Such mentorship 274
	339	+	initiative shall be (1) developed in coordination with and integrated 275
	340	+	into any entrepreneur-in-residence or mentorship initiatives 276
	341	+	administered by CTNext, established pursuant to section 32-39f of the 277
	342	+	general statutes, (2) revised subject to, or developed in accordance 278
	343	+	with, recommendations contained in the final report approved by the 279
	344	+	board of trustees pursuant to section 8 of this act, and (3) modeled on 280
	345	+	comparable programs at the Massachusetts Institute of Technology. 281
	346	+	The board of trustees shall make all reasonable efforts to engage and 282
	347	+	consult with the Massachusetts Institute of Technology to design such 283
	348	+	mentorship initiative, including making any payments for consulting 284 Substitute Bill No. 1130
	349	+
	350	+
	351	+	LCO {\\PRDFS1\SCOUSERS\FORZANOF\WS\2019SB-01130-
	352	+	R01-SB.docx }
	353	+	10 of 14
	354	+
	355	+	fees that may be required. 285
	356	+	Sec. 7. Section 10a-109oo of the general statutes is repealed and the 286
	357	+	following is substituted in lieu thereof (Effective July 1, 2019): 287
	358	+	(a) The University of Connecticut shall develop a comprehensive 288
	359	+	plan to guide Next Generation Connecticut investments. The 289
	360	+	university shall develop such plan in consultation with: (1) An 290
	361	+	industry advisory board selected by the university that shall be 291
	362	+	representative of the state's science, technology, engineering and math-292
	363	+	related industries and shall include, but not be limited to, chief science 293
	364	+	officers or chief technology officers from such industries; (2) an 294
	365	+	independent research and development advisory firm selected by the 295
	366	+	university; (3) university academic leaders; (4) federal and private 296
	367	+	funding agencies; and (5) research and innovation benchmarks 297
	368	+	identified by the university and an analysis of the university's progress 298
	369	+	in meeting such benchmarks in comparison to nationally ranked 299
	370	+	research universities. Such plan shall identify strategic growth areas 300
	371	+	for the research, innovation, workforce and economic development 301
	372	+	needs of Connecticut. The industry advisory board, independent 302
	373	+	research and development advisory firm and university academic 303
	374	+	leaders shall seek input from the chairpersons and ranking members of 304
	375	+	the joint standing committees of the General Assembly having 305
	376	+	cognizance of matters relating to finance, revenue and bonding, 306
	377	+	commerce and higher education prior to the completion of the plan. 307
	378	+	The Board of Trustees of The University of Connecticut shall review 308
	379	+	and approve such plan not later than July 1, 2014. 309
	380	+	(b) Not later than thirty days after the date the final report under 310
	381	+	section 8 of this act is approved by the board of trustees, The 311
	382	+	University of Connecticut shall revise the comprehensive plan to 312
	383	+	include provisions for the construction or renovation of a facility on 313
	384	+	each campus of the university, not more than one-quarter mile from 314
	385	+	the student union or student center of the campus, that is designed to 315
	386	+	meet the needs of student entrepreneurs and to serve as a gathering 316
	387	+	place for such students and other persons who support such student's 317 Substitute Bill No. 1130
	388	+
	389	+
	390	+	LCO {\\PRDFS1\SCOUSERS\FORZANOF\WS\2019SB-01130-
	391	+	R01-SB.docx }
	392	+	11 of 14
	393	+
	394	+	ventures. Such facility shall not be adjoined to a dormitory and shall be 318
	395	+	designed and located conveniently to attract and encourage its use by 319
	396	+	student entrepreneurs and faculty affiliated with any and all schools 320
	397	+	and departments of the university, as well as their guests from outside 321
	398	+	the university. 322
	399	+	Sec. 8. (Effective July 1, 2019) (a) (1) The University of Connecticut 323
	400	+	and the CTNext board of directors shall jointly approve the hiring of a 324
	401	+	consultant, to be paid from the operating expenses funds of The 325
	402	+	University of Connecticut or from UConn 2000 or Next Generation 326
	403	+	Connecticut funds, to conduct a study jointly with representatives of 327
	404	+	said university appointed by the president of said university. Such 328
	405	+	study shall review the technology transfer policies used at leading 329
	406	+	institutions of higher education renowned for innovation and 330
	407	+	entrepreneurship, including, but not limited to, Stanford University 331
	408	+	and the Massachusetts Institute of Technology. The president and the 332
	409	+	board of trustees of said university shall provide to such consultant 333
	410	+	any information requested by such consultant for the purposes of this 334
	411	+	section. 335
	412	+	(2) The consultant and university representatives shall be advised 336
	413	+	and guided by an advisory panel of entrepreneurs and business 337
	414	+	leaders, appointed as follows: (A) Four members appointed by the 338
	415	+	board of trustees, and (B) three members appointed by the CTNext 339
	416	+	board of directors. 340
	417	+	(b) The consultant and university representatives shall select those 341
	418	+	policies such consultant and representatives deem to be the best and 342
	419	+	develop recommendations for reforming the technology transfer 343
	420	+	policies of The University of Connecticut. Such study shall include (1) 344
	421	+	plans to maximize the number of new business ventures formed 345
	422	+	through the commercialization of faculty and student research, giving 346
	423	+	greater priority to the financial interests of such business ventures than 347
	424	+	to the recoupment of patent-related or other royalties or profit for The 348
	425	+	University of Connecticut, (2) plans to focus The University of 349
	426	+	Connecticut's technology transfer policies on start-up business 350 Substitute Bill No. 1130
	427	+
	428	+
	429	+	LCO {\\PRDFS1\SCOUSERS\FORZANOF\WS\2019SB-01130-
	430	+	R01-SB.docx }
	431	+	12 of 14
	432	+
	433	+	formation rather than patent licensing, (3) recommendations for 351
	434	+	staffing levels and staff organization to achieve such plans, and (4) any 352
	435	+	other recommendations requested by the board of trustees or the 353
	436	+	CTNext board of directors. Any remuneration paid to The University 354
	437	+	of Connecticut as a result of such new business ventures shall be used 355
	438	+	to encourage further formation or growth of other new business 356
	439	+	ventures. 357
	440	+	(c) The consultant and university representatives shall conduct a 358
	441	+	review of (1) the current policies of The University of Connecticut for 359
	442	+	the fostering of faculty and student entrepreneurship, and (2) the 360
	443	+	proportion of the total activities of The University of Connecticut 361
	444	+	School of Business that is oriented toward the creation and support of 362
	445	+	new business ventures. 363
	446	+	(d) The consultant and university representatives shall prepare a 364
	447	+	report for submission to the CTNext board of directors and shall solicit 365
	448	+	input from the Higher Education Entrepreneurship Advisory 366
	449	+	Committee established pursuant to section 32-39t of the general 367
	450	+	statutes and, at not less than one meeting of the working group 368
	451	+	established pursuant to section 32-39s of the general statutes, from 369
	452	+	members of such working group. The report shall include: 370
	453	+	(1) Recommendations for (A) the continuous improvement of the 371
	454	+	policies set forth under subdivision (1) of subsection (b) of this section, 372
	455	+	taking into consideration the best practices of entrepreneurship at 373
	456	+	institutions studied under subsection (a) of this section, and (B) 374
	457	+	actionable measures to make the creation and support of new business 375
	458	+	ventures a primary consideration in all activities of, and for all degree 376
	459	+	programs offered at, The University of Connecticut School of Business; 377
	460	+	(2) (A) Recommendations, if any, of changes to the recruitment and 378
	461	+	hiring plan and goals set forth in subsection (b) of section 10a-104c of 379
	462	+	the general statutes, as amended by this act, and (B) establishment of 380
	463	+	an entrepreneurship ratio of faculty members who teach 381
	464	+	entrepreneurship to the overall student body, which matches that of 382 Substitute Bill No. 1130
	465	+
	466	+
	467	+	LCO {\\PRDFS1\SCOUSERS\FORZANOF\WS\2019SB-01130-
	468	+	R01-SB.docx }
	469	+	13 of 14
	470	+
	471	+	leading universities; 383
	472	+	(3) Consideration of all funds available to The University of 384
	473	+	Connecticut and legislative recommendations, if any, to changes in the 385
	474	+	funding levels of said university; 386
	475	+	(4) Development of a comprehensive plan of metrics to be used for 387
	476	+	the tracking and analysis of said university's success in facilitating the 388
	477	+	creation of new business ventures based on faculty and student 389
	478	+	research. Such metrics shall (A) be identified in part through a review 390
	479	+	of similar metrics tracked by leading institutions of higher education 391
	480	+	renowned for innovation and entrepreneurship, including, but not 392
	481	+	limited to, Stanford University, the Massachusetts Institute of 393
	482	+	Technology, Princeton University and the University of Michigan, and 394
	483	+	(B) include methods to track the economic impact of entrepreneurs 395
	484	+	who are among the faculty and alumni of The Universi ty of 396
	485	+	Connecticut; and 397
	486	+	(5) An analysis of comparative rankings made by qualified experts 398
	487	+	of institutions of higher education in the United States, with respect to 399
	488	+	such institutions' success in innovation and entrepreneurship, 400
	489	+	including a ranking of The Uni versity of Connecticut, and 401
	490	+	identification of a ranking or a range of rankings said university shall 402
	491	+	seek to attain. 403
	492	+	(e) Not later than January 1, 2020, the consultant and university 404
	493	+	representatives shall submit the report to the Board of Trustees of The 405
	494	+	University of Connecticut. Not later than January 31, 2020, the board of 406
	495	+	trustees shall either approve such report or request modifications to 407
	496	+	such report. The consultant and university representatives shall be 408
	497	+	provided thirty days after receiving a request for modifications to 409
	498	+	submit a revised draft report to the board of trustees. Upon final 410
	499	+	approval of the report, the board of trustees shall submit such report, 411
	500	+	in accordance with the provisions of section 11-4a of the general 412
	501	+	statutes, to the joint standing committees of the General Assembly 413
	502	+	having cognizance of matters relating to higher education and finance, 414 Substitute Bill No. 1130
	503	+
	504	+
	505	+	LCO {\\PRDFS1\SCOUSERS\FORZANOF\WS\2019SB-01130-
	506	+	R01-SB.docx }
	507	+	14 of 14
	508	+
	509	+	revenue and bonding and to the CTNext board of directors. Each of 415
	510	+	said committees shall raise a bill during the 2020 or 2021 regular 416
	511	+	session to implement the legislative recommendations contained in 417
	512	+	such report. The board of trustees may adopt a resolution to 418
	513	+	implement the recommendations for said university that are contained 419
	514	+	in such report. 420
	515	+	This act shall take effect as follows and shall amend the following
	516	+	sections:
	517	+
	518	+	Section 1 July 1, 2019 New section
	519	+	Sec. 2 July 1, 2019 10a-103
	520	+	Sec. 3 July 1, 2019 10a-104
	521	+	Sec. 4 July 1, 2019 10a-108
	522	+	Sec. 5 July 1, 2019 10a-104c
	523	+	Sec. 6 July 1, 2019 New section
	524	+	Sec. 7 July 1, 2019 10a-109oo
	525	+	Sec. 8 July 1, 2019 New section
	526	+
	527	+	Statement of Legislative Commissioners:
	528	+	In Section 3(d), "four" was changed to "two" for consistency; in Section
	529	+	6(a), reference to section 10a-102 of the general statutes was added for
	530	+	accuracy; in Section 6(f), Subdivs. (2) and (3) were reordered for clarity;
	531	+	and in Section 8(e), the next to last sentence was redrafted for clarity.
	532	+
	533	+	FIN Joint Favorable Subst. -LCO
223	534