SLS 20RS-372 ORIGINAL 2020 Regular Session SENATE BILL NO. 76 BY SENATOR FIELDS POSTSECONDARY ED. Provides relative to the funding formula and appropriations for postsecondary educational institutions. (gov sig) 1 AN ACT 2 To enact R.S. 17:3129.1.1 and 3129.2(H), relative to public postsecondary education; to 3 provide relative to the postsecondary education funding formula; to provide relative 4 to the appropriation of funds for postsecondary educational institutions; and to 5 provide for related matters. 6 Be it enacted by the Legislature of Louisiana: 7 Section 1. R.S. 17:3129.1.1 and 3129.2(H) are hereby enacted to read as follows: 8 §3129.1.1. Postsecondary education; funding formula; appropriations 9 A.(1) Prior to the submission of its budget recommendations to the 10 governor and the legislature, the Board of Regents shall adopt and apply a 11 funding formula for the distribution of funds to the institutions of 12 postsecondary education. 13 (2) No postsecondary education funding formula shall impose a penalty 14 upon a postsecondary education management board or institution for failure to 15 fully comply with admission standards adopted by the Board of Regents. 16 B.(1) In accordance with Article VIII, Section 12 of the Constitution of 17 Louisiana, appropriations for institutions of postsecondary education shall be Page 1 of 3 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. SB NO. 76 SLS 20RS-372 ORIGINAL 1 made to their management boards and administered by the boards as provided 2 by law. 3 (2) An appropriation made to the Board of Regents on behalf of 4 institutions of postsecondary education shall not be deemed as having been 5 made to their management boards. 6 §3129.2. Postsecondary education; outcomes-based funding formula; creation; 7 components; approval; implementation; reports 8 * * * 9 (H) The outcomes-based funding formula shall not impose a penalty 10 upon a postsecondary education management board or institution for failure to 11 fully comply with admission standards adopted by the Board of Regents. 12 Section 2. This Act shall become effective upon signature by the governor or, if not 13 signed by the governor, upon expiration of the time for bills to become law without signature 14 by the governor, as provided by Article III, Section 18 of the Constitution of Louisiana. If 15 vetoed by the governor and subsequently approved by the legislature, this Act shall become 16 effective on the day following such approval. The original instrument and the following digest, which constitutes no part of the legislative instrument, were prepared by Jeanne C. Johnston. DIGEST SB 76 Original 2020 Regular Session Fields Present constitution and law require the Board of Regents to adopt a formula for the distribution of funds to the institutions of postsecondary education. Proposed law retains present law and additionally provides as follows: (1)Prior to the submission of its budget recommendations to the governor and the legislature, the Board of Regents shall adopt and apply a funding formula for the equitable distribution of funds to the institutions of postsecondary education. (2)No postsecondary funding formula shall penalize a postsecondary institution or management board for failure to fully comply with admission standards adopted by the Board of Regents. Present constitution and law provide that appropriations for institutions of postsecondary education shall be made to their management boards and administered by the boards as provided by law. Proposed law retains present law and additionally provides that appropriation made to the Board of Regents on behalf of institutions of postsecondary education shall not be deemed Page 2 of 3 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. SB NO. 76 SLS 20RS-372 ORIGINAL as having been made to their management boards. Present law provides for the creation of an outcomes-based funding formula for postsecondary education and provides for the factors to be considered in the development of the formula. Proposed law retains present law and additionally provides that the outcomes-based funding formula shall not impose a penalty upon a postsecondary education management board or institution for failure to fully comply with admission standards adopted by the Board of Regents. Effective upon signature of the governor or lapse of time for gubernatorial action. (Adds R.S. 17:3129.1.1 and 3129.2(H)) Page 3 of 3 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions.