HLS 20RS-618 ORIGINAL
2020 Regular Session
HOUSE BILL NO. 359
BY REPRESENTATIVE NEWELL
HIGHER ED/BD REGENTS: Requires the Board of Regents to include recommended
funding distributions for each public postsecondary education system and institution
in the annual funding formula report that it submits to the legislature
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 change the
5 deadline for report submission; to require the board to include recommended funding
6 distributions for each postsecondary education system and institution in the report;
7 and to provide for related matters.
8Be it enacted by the Legislature of Louisiana:
9 Section 1. R.S. 17:3129(F) is hereby amended and reenacted to read as follows:
10 ยง3129. Power to recommend budget
11 * * *
12 F. Any formula formulated and adopted by the Board of Regents for funding
13 institutions of postsecondary education in the ensuing year as provided in this
14 Section shall be annually reported to the Senate Committee on Education, the Senate
15 Committee on Finance, the House Committee on Education, and the House
16 Committee on Appropriations, not later than March thirty-first February twenty-
17 eighth of each year. This report shall include the recommended distribution of
18 funding for each system and each institution.
Page 1 of 2
CODING: Words in struck through type are deletions from existing law; words underscored
are additions. HLS 20RS-618 ORIGINAL
HB NO. 359
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))
Page 2 of 2
CODING: Words in struck through type are deletions from existing law; words underscored
are additions.