LCO No. 4294 1 of 2 General Assembly Raised Bill No. 6583 January Session, 2021 LCO No. 4294 Referred to Committee on HIGHER EDUCATION AND EMPLOYMENT ADVANCEMENT Introduced by: (HED) AN ACT REQUIRING INDEPENDENT INSTITUTION S OF HIGHER EDUCATION TO SUBMIT CLOSURE PLANS TO THE OFFICE OF HIGHER EDUCATION. Be it enacted by the Senate and House of Representatives in General Assembly convened: Section 1. Section 10a-34e of the general statutes is amended by 1 adding subsections (c) and (d) as follows (Effective July 1, 2021): 2 (NEW) (c) Not later than January 1, 2022, each independent 3 institution of higher education shall submit to the Office of Higher 4 Education a closure plan, which shall include, but need not be limited 5 to, (1) how such institution will respond to a natural disaster, pandemic, 6 data security threat or other catastrophic event, and (2) how such 7 institution will manage student records, continuity of education for 8 enrolled students and student financial aid and refunds. An 9 independent institution of higher education that is regionally accredited 10 may comply with the requirements of this subsection by submitting to 11 said office the same closure plan that the institution submitted to the 12 regional accreditation agency. If an independent institution of higher 13 education updates its closure plan, then such institution shall submit 14 Raised Bill No. 6583 LCO No. 4294 2 of 2 such updated closure plan not later than thirty days after the governing 15 board of such institution approves such updated closure plan. 16 (NEW) (d) Any independent institution of higher education that 17 plans to close permanently shall submit a written notice to the Office of 18 Higher Education not later than thirty days after the governing board of 19 such institution authorizes such closure. Such written notice shall 20 include, but need not be limited to, (1) the planned date of termination 21 of operations; (2) the planned date and location for the transfer of 22 student records; (3) the name and address of the organization that will 23 receive and maintain student records; (4) the name and contact 24 information of the designated office or official who will manage 25 transcript requests; (5) the arrangement for the continued education of 26 enrolled students through the facilitation of a teach-out, as defined in 27 section 10a-22m, or other means; (6) evidence of communication with 28 the United States Department of Education and said office regarding the 29 management of student refunds, state or federal grants and scholarships 30 and state loans; and (7) if such institution is regionally accredited, 31 evidence of communication with the regional accreditation agency 32 regarding such closure. 33 This act shall take effect as follows and shall amend the following sections: Section 1 July 1, 2021 10a-34e Statement of Purpose: To require independent institutions of higher education in the state to submit to the Office of Higher Education a closure plan and, if an institution plans to close, a written notice regarding the arrangements for such closure. [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.]