Creates the La. Postsecondary Education Board of Trustees as the sole governing board for postsecondary education and provides relative to the powers, duties, and functions of the board.
Provides for a 10% reduction of all state professional, personal, and consulting service contracts and provides for deposit of the savings into the Higher Education Financing Fund (EN INCREASE SG EX See Note)
Provides for the Educational Excellence for Louisiana Commission to develop content and performance standards, curriculum, and assessments for elementary and secondary education. (gov sig) (OR INCREASE GF EX See Note)
Provides for the dedication of certain proceeds for higher education and eliminates certain dedications of proceeds. (gov sig) (OR +$25,000,000 GF RV See Note)