HLS 20RS-718 ORIGINAL 2020 Regular Session HOUSE CONCURRENT RESOL UTION NO. 7 BY REPRESENTATIVE ZERINGUE HIGHER ED/BD REGENTS: Directs the Bd. of Regents to include recommended funding distributions for each public postsecondary education system and institution in the funding formula report that it is required to submit to the legislature by March 31st 1 A CONCURRENT RESOL UTION 2To direct the Board of Regents to include recommended funding distributions for each 3 public postsecondary education system and institution in its annual funding formula 4 report to the legislature. 5 WHEREAS, the Constitution of Louisiana provides for the powers, duties, and 6responsibilities of the Board of Regents relating to public institutions of postsecondary 7education, including formulating and making timely revision of a master plan for 8postsecondary education, which, at minimum, shall include a formula for equitable 9distribution of funds to such institutions; and 10 WHEREAS, R.S. 17:3129 requires any formula adopted by the Board of Regents 11for funding institutions of postsecondary education in the ensuing year to be annually 12reported to the House Committee on Appropriations, the House Committee on Education, 13the Senate Committee on Finance, and the Senate Committee on Education not later than 14March thirty-first of each year; and 15 WHEREAS, when submitting this report, the Board of Regents customarily sends 16its recommended funding distributions for each system but not for each institution; and 17 WHEREAS, in order for the legislature to make fully informed decisions relative to 18postsecondary education funding, it is imperative that the Board of Regents include its 19recommended funding distributions for each institution when submitting the funding formula 20to the legislature. Page 1 of 2 HLS 20RS-718 ORIGINAL HCR NO. 7 1 THEREFORE, BE IT RESOLVED that the Legislature of Louisiana does hereby 2direct the Board of Regents to include recommended funding distributions for each public 3postsecondary education system and institution in its annual funding formula report to the 4legislature. 5 BE IT FURTHER RESOLVED that a copy of this Resolution be transmitted to the 6chairman of the Board of Regents and the commissioner of higher education. 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)] HCR 7 Original 2020 Regular Session Zeringue Directs the Bd. of Regents to include recommended funding distributions for each public postsecondary education system and institution in its annual funding formula report to the legislature. Page 2 of 2