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Committee advances Higher Education Strategic Reinvestment bill after amendments and debate; vote 6–1
Summary
The Senate Education Committee recommended House Bill 265, which sets a process for institutions to reaccess $60 million placed in a strategic reinvestment fund, establishes program-review timelines and a 120-credit cap for most bachelor’s degrees. The committee passed amendment 3 unanimously; final committee vote was 6–1.
The Senate Education Committee on Feb. 14 voted 6–1 to send House Bill 265, the Higher Education Strategic Reinvestment Act, to the full Senate with a favorable recommendation after adopting amendment 3.
Representative Karen Peterson, sponsor of HB 265, told the committee the bill implements the legislature’s decision in HB 1 to move roughly $60 million from institutional budgets into a strategic reinvestment fund and creates a process for institutions to apply for those funds. She said institutions will develop three‑year reinvestment plans that local stakeholders and industry will inform, with plans reviewed by the Utah System of Higher Education and the Board of Higher Education before funds are released to institutions in September via the Executive Appropriations Committee.
Commissioner Jeff Lambert, representing the Board of…
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