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House H1 for higher education reported after HFA outlines scholarship deposits and endowment adjustments
Summary
The subcommittee reported the H1 substitute for HB 4,580 after House Fiscal Agency described a package that shifts funds into large one‑time scholarship deposits, restructures university appropriations toward campus investment funds with endowment‑based reductions, and includes tuition‑restraint conditions and DEI restrictions.
The Appropriations Subcommittee reported the H1 substitute for House Bill 4,580 after a detailed House Fiscal Agency presentation that adjusted initial table values and described major structural changes to higher education funding.
Perry Zylak (HFA) said the House H1 contains a corrected gross appropriation number and described a fund swap that increases School Aid Fund deposits into the postsecondary scholarship fund. Zylak said the package results in a gross increase (reported during the hearing as approximately $76.5…
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