Page 1 of 4 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. Regular Session, 2010 ENROLLED SENATE BILL NO. 746 BY SENATOR JACKSON AN ACT1 To amend and reenact R.S. 17:3129(C) and (E), and 3130(B)(1), and R.S. 39:28(C) and2 32.1, and to enact R.S. 17:3129(F), relative to postsecondary education; to provide3 relative to funding institutions of postsecondary education; to provide for the powers4 of the Board of Regents; to provide relative to budget request forms; to require that5 the formula adopted by the Board of Regents be reported to certain legislative6 committees; and to provide for related matters.7 Be it enacted by the Legislature of Louisiana:8 Section 1. R.S. 17:3129(C) and (E), and 3130(B)(1) are hereby amended and9 reenacted and R.S. 17:3129(F) is hereby enacted to read as follows: 10 §3129. Power to recommend budget11 * * *12 C. The legislature shall appropriate funds for the operating and administrative13 expenses of the state boards created by or pursuant to Article VIII of the Constitution14 of Louisiana. Appropriations for the institutions of higher postsecondary education15 shall be made to their managing boards. The funds appropriated shall be16 administered by the managing boards and used solely as provided by law.17 * * *18 E. The Board of Regents shall formulate and adopt a formula for distribution19 of funds appropriated by the legislature for deferred maintenance. This formula shall20 be effective for all institutions of higher postsecondary education and shall give21 priority to those institutions with preventive maintenance programs.22 F. Any formula formulated and adopted by the Board of Regents for23 funding institutions of postsecondary education in the ensuing year as provided24 in this Section shall be annually reported to the Senate Committee on25 ACT No. 899 SB NO. 746 ENROLLED Page 2 of 4 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. Education, the Senate Committee on Finance, the House Committee on1 Education, and the House Committee on Appropriations, not later than March2 fifteenth of each year.3 * * *4 §3130. Other powers5 * * *6 B.(1)(a) All constitutional responsibilities of the Board of Regents, including7 the development of a formula for equitable distribution of funds, shall apply to all8 public postsecondary education institutions, including vocational-technical schools.9 (b) Not later than the convening of the 1999 Regular Session, the Board of10 Regents shall submit to the legislature a proposal for full funding of the funding11 formula for higher and postsecondary education to be completed over a five-year12 period beginning not later than the fall of 1999, including provisions for equitable13 distribution of funds included in the formula.14 (b) Beginning with Fiscal Year 2011-2012, such formula for the ensuing15 year shall be annually reported to the Senate Committee on Education, the16 Senate Committee on Finance, the House Committee on Education, and the17 House Committee on Appropriations, not later than March fifteenth of each18 year.19 * * *20 Section 2. R.S. 39:28(C) and 32.1 are hereby amended and reenacted to read as21 follows:22 §28. Forms for the budget request23 * * *24 C. Notwithstanding the provisions of Subsections A and B of this Section, for25 each higher postsecondary education system, institution, or budget unit which is26 funded or which is proposed by the Board of Regents to be funded through the higher27 education funding formula for the ensuing fiscal year, the forms to be used for28 budget requests shall be as provided in R.S. 39:32.1.29 * * *30 SB NO. 746 ENROLLED Page 3 of 4 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. §32.1. Budget request forms, content, and submission; higher postsecondary1 education formula funded agencies2 A. The provisions of this Section shall apply to each higher postsecondary3 education agency, which may include systems, institutions, or budget units, which4 is funded or proposed by the Board of Regents to be funded through the higher5 education funding formula in the ensuing fiscal year.6 B. The format and content of the annual operating budget, the operational7 plan, and the budget request to be used by higher postsecondary education agencies8 shall be prescribed by the Board of Regents, subject to the provisions of this Section9 and the approval of the division of administration, and shall be developed in10 consultation with the chairmen of and the House Committee on Appropriations and11 Senate Committee on Finance. The Board of Regents shall transmit to each such12 agency a complete set of forms to be used and provide instructions and consultation13 on the proper method of completing the forms.14 C. Each higher postsecondary education agency shall prepare an annual15 operating budget, which shall be subject to approval by both the appropriate16 management board and the Board of Regents. The operating budget shall contain,17 at a minimum, budgetary information on prior year actual revenues and expenditures18 and current year budgeted revenues and expenditures, and the budgetary information19 as provided in R.S. 39:32(C) through (H) for the prior and current fiscal years.20 D. Each higher postsecondary education agency shall prepare an annual21 operational plan for the purposes of the budget request. The operational plan for any22 such agency, to the maximum extent practicable, shall be consistent with the23 agency's strategic plan required by R.S. 39:31 and the master plan for higher24 postsecondary education required by Article VIII, Section 5(D)(4) of the25 Constitution of Louisiana. The plan shall include information relative to the specific26 performance evaluation and functional accountability provisions of the funding27 formula. The plan shall include a current statement of the agency's mission and its28 goals, objectives, performance indicators, and activities, as well as a detailed plan29 of its operations. The plan shall be used by the division of administration in the30 SB NO. 746 ENROLLED Page 4 of 4 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. development of the executive budget and supporting document in order to ensure that1 performance standards are consistent with the financial plan for the fiscal year.2 E. The Board of Regents shall submit to the governor the budget request for3 each higher postsecondary education agency which is proposed to be funded4 through the higher education funding formula for the ensuing year.5 F. The budget request submitted by the Board of Regents shall consist of the6 current approved annual operating budget and the operational plan for each higher7 postsecondary education agency, and a funding request for the agency under the8 higher education funding formula most recently adopted by the Board of Regents9 and reported to the legislature.10 PRESIDENT OF THE SENATE SPEAKER OF THE HOUSE OF REPRESENTATIVES GOVERNOR OF THE STATE OF LOUISIANA APPROVED: