LCO No. 2617 1 of 3 General Assembly Raised Bill No. 824 January Session, 2021 LCO No. 2617 Referred to Committee on HIGHER EDUCATION AND EMPLOYMENT ADVANCEMENT Introduced by: (HED) AN ACT REQUIRING TRA INING FOR THE MEMBER S OF THE GOVERNING BOARDS OF THE INSTITUTIONS OF HIGHER EDUCATION IN THE STATE. Be it enacted by the Senate and House of Representatives in General Assembly convened: Section 1. (NEW) (Effective July 1, 2021) (a) Not later than January 1, 1 2022, each governing board of an independent institution of higher 2 education in the state shall establish a policy requiring that each 3 member of the governing board receive instruction and training at least 4 once every four years in financial management of institutions of higher 5 education, legal and fiduciary responsibilities of a member of such 6 governing board and applicable standards for accreditation of 7 institutions of higher education and programs of higher learning. 8 (b) Not later than January 1, 2022, each independent institution of 9 higher education shall post on its Internet web site the policy established 10 by its governing board pursuant to subsection (a) of this section. Not 11 later than January 1, 2022, and every four years thereafter, each such 12 institution shall post on its Internet web site a summary of the 13 instruction and training received by the members of its governing board 14 Raised Bill No. 824 LCO No. 2617 2 of 3 pursuant to subsection (a) of this section. 15 Sec. 2. (NEW) (Effective July 1, 2021) (a) Not later than January 1, 2022, 16 the Board of Regents for Higher Education and the Board of Trustees of 17 The University of Connecticut shall each adopt a policy requiring that 18 each member of said boards receive instruction and training at least 19 once every four years in (1) a board member's duties to the state and the 20 public institution of higher education governed by the board, (2) each 21 committee of the board, including, but not limited to, the executive 22 committee, and its functions, (3) professional accounting and reporting 23 standards, (4) methods for meeting the statutory, regulatory and 24 fiduciary obligations of the board, (5) the provisions of the Freedom of 25 Information Act, as defined in section 1-200 of the general statutes, (6) a 26 board member's institutional and statutory ethical responsibilities, (7) 27 the development and implementation of institutional policies, (8) 28 business operations, administration, budgeting, financing, financial 29 reporting, financial reserves and endowment managing relevant to 30 institutions of higher education, (9) student tuition, mandatory fees and 31 student debt trends, (10) oversight of planning, construction, 32 maintenance, expansion and renovation projects that impact the 33 infrastructure, physical facilities and natural environment of the public 34 institution of higher education governed by the board, (11) workforce 35 planning, strategy and investment, (12) institutional advancement, 36 including, but not limited to, philanthropic giving, fundraising 37 initiatives, alumni programming, communications and media, 38 government and public relations and community affairs, (13) student 39 welfare issues, including, but not limited to, academic studies, 40 curriculum, residence life, student governance and activities and the 41 general physical and mental well-being of students, (14) current and 42 anticipated issues in higher education, and (15) any other topics each 43 governing board deems necessary. 44 (b) Not later than January 1, 2022, each public institution of higher 45 education shall post on its Internet web site the policy established by its 46 governing board pursuant to subsection (a) of this section. Not later than 47 January 1, 2022, and every four years thereafter, each such institution 48 Raised Bill No. 824 LCO No. 2617 3 of 3 shall post on its Internet web site a summary of the instruction and 49 training received by the members of its governing board pursuant to 50 subsection (a) of this section. 51 This act shall take effect as follows and shall amend the following sections: Section 1 July 1, 2021 New section Sec. 2 July 1, 2021 New section Statement of Purpose: To require training for board members responsible for governing any institution of higher education in the state. [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.]