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Higher education strategic reinvestment law prompts questions from legislators about faculty role, reporting and tuition effects
Summary
Legislators pressed staff and higher education officials on implementation of House Bill 265, which requires degree-granting institutions to create strategic reinvestment plans and reallocates certain appropriations to a central board-controlled pool while plans are reviewed and approved.
Members of the Executive Appropriations Committee pressed staff and higher education representatives on May 20 about how House Bill 265 will be implemented, how faculty are being involved in campus decisions and whether cost reallocations will lower tuition.
Committee staff summarized HB265 as requiring each degree-granting institution to create a strategic reinvestment plan and to reallocate funding from certain programs to others within the same institution, phased over three years. Joseph (staff) told the committee institutions are required to report to the Board of Higher Education by June, to the Higher Education…
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