Louisiana 2020 2020 Regular Session

Louisiana House Bill HB359 Comm Sub / Analysis

                    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 359 Original	2020 Regular Session	Newell
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 moves up submission deadline from March
31st to Feb. 28th.
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 Education, House
Committee on Appropriations, Senate Committee on Education, and Senate Committee on Finance
not later than March 31st annually.  Proposed law changes the annual deadline from March 31st to
Feb. 28th and specifies that the report shall include the recommended distribution of funding for
each system and each institution.
(Amends R.S. 17:3129(F))