Higher educational institutions, public; foundations, annual reporting requirements. (SB398)

Introduced By

Sen. Amanda Chase (R-Midlothian)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Public institutions of higher education; foundations; annual reporting requirements. Requires each public institution of higher education to release an annual report regarding foundations associated with the institution setting forth foundation expenses. The annual report shall include the total annual expenditures by each foundation; the percentage of expenditures used for scholarships or financial aid by each foundation; the percentage of expenditures used for instructional programs by each foundation; the percentage of expenditures used for research by each foundation; the percentage of expenditures used for intercollegiate athletics by each foundation; and the percentage of expenditures used for buildings and maintenance by each foundation. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/07/2020Prefiled and ordered printed; offered 01/08/20 20103535D
01/07/2020Referred to Committee on Education and Health
01/14/2020Impact statement from DPB (SB398)
01/29/2020Assigned Education sub: Higher Education
02/12/2020Left in Education and Health

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