LCO No. 1219 1 of 2 General Assembly Raised Bill No. 104 February Session, 2020 LCO No. 1219 Referred to Committee on HIGHER EDUCATION AND EMPLOYMENT ADVANCEMENT Introduced by: (HED) AN ACT REQUIRING FINANCIAL TRANSPARENCY OF THE STUDENTS FIRST PLAN. Be it enacted by the Senate and House of Representatives in General Assembly convened: Section 1. (Effective July 1, 2020) Not later than July 1, 2020, and 1 quarterly thereafter until December 31, 2023, the Board of Regents for 2 Higher Education shall post and update on its Internet web site a 3 financial report of the savings realized and the expenses incurred by 4 said board for the implementation of the Students First plan endorsed 5 by said board to regionalize the regional community-technical colleges. 6 Such financial report shall include, but need not be limited to, (1) a list 7 of the direct savings realized through the implementation of the 8 Students First plan, (2) a list of each expense incurred through 9 implementation of the Students First plan, including to whom each 10 expense was paid and the portion of each expense assessed to any 11 regional community-technical college, (3) a list of each position that 12 serves to implement the Students First plan, specifying whether such 13 position is at the central office of the Connecticut State Colleges and 14 Universities or on the campus of a regional community-technical college 15 Raised Bill No. 104 LCO No. 1219 2 of 2 and whether such position is newly created or a transfer from a regional 16 community-technical college, including the job description of any newly 17 created position, (4) copies of each consulting or service contract entered 18 into by the Board of Regents for Higher Education for the purpose of 19 implementing the Students First plan, and (5) a list of any funds or 20 positions transferred to the central office of the Connecticut State 21 Colleges and Universities from a regional community-technical college, 22 including any resulting impact on campus services at such regional 23 community-technical college due to such transfer. 24 This act shall take effect as follows and shall amend the following sections: Section 1 July 1, 2020 New section Statement of Purpose: To require the Board of Regents for Higher Education to provide a detailed financial report of the Students First plan. [Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not underlined.]