HLS 20RS-717 ORIGINAL 2020 Regular Session HOUSE BILL NO. 186 BY REPRESENTATIVE ZERINGUE HIGHER ED/BD REGENTS: Requires Board of Regents to include recommended funding distributions for each public postsecondary education system and institution in annual funding formula report it submits to legislature and revises deadline 1 AN ACT 2To amend and reenact R.S. 17:3129(F), relative to the Board of Regents; to revise 3 requirements relative to the report that the board submits to the legislature annually 4 with respect to the formula for funding postsecondary education; to align the 5 submission deadline with the deadline for the governor's submission of the executive 6 budget to the legislature; to require the board to include recommended funding 7 distributions for each postsecondary education system and institution in the report; 8 and to provide for related matters. 9Be it enacted by the Legislature of Louisiana: 10 Section 1. R.S. 17:3129(F) is hereby amended and reenacted to read as follows: 11 ยง3129. Power to recommend budget 12 * * * 13 F. Any formula formulated and adopted by the Board of Regents for funding 14 institutions of postsecondary education in the ensuing year as provided in this 15 Section shall be annually reported to the Senate Committee on Education, the Senate 16 Committee on Finance, the House Committee on Education, and the House 17 Committee on Appropriations, not later than March thirty-first of each year. This 18 report shall include the recommended distribution of funding for each system and 19 each institution. During the first year of a governor's term, the board shall submit the Page 1 of 2 CODING: Words in struck through type are deletions from existing law; words underscored are additions. HLS 20RS-717 ORIGINAL HB NO. 186 1 report no later than thirty days prior to the regular session of the legislature. During 2 all other years, the board shall submit the report no later than forty-five days prior 3 to the regular session of the legislature. DIGEST The digest printed below was prepared by House Legislative Services. It constitutes no part of the legislative instrument. The keyword, one-liner, abstract, and digest do not constitute part of the law or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)] HB 186 Original 2020 Regular Session Zeringue Abstract: Requires the Bd. of Regents to include the recommended distribution of funding for each system and each institution in the annual report it submits to the legislature on the postsecondary education funding formula and aligns the submission deadline with the deadline for the governor's submission of the executive budget. Present constitution requires the Bd. of Regents (Regents) to formulate and make timely revision of a master plan for postsecondary education which, at minimum, shall include a formula for equitable distribution of funds to postsecondary education institutions. Present law requires Regents to report the formula to the House Committee on Appropriations, House Committee on Education, Senate Committee on Finance, and Senate Committee on Education not later than March 31st annually. Proposed law: (1)Specifies that the report shall include the recommended distribution of funding for each system and each institution. (2)Revises the deadline by requiring submission no later than 45 days prior to the regular session of the legislature except during the first year of a governor's term, when the report is due no later than 30 days prior to the regular session. (Proposed law deadlines align with present law deadlines for the governor's submission of the executive budget to the Joint Legislative Committee on the Budget). (Amends R.S. 17:3129(F)) Page 2 of 2 CODING: Words in struck through type are deletions from existing law; words underscored are additions.