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2009 SESSION

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Senate Committee on Education and Health
Subcommittee Higher Education

Edwards (Chairman), Saslaw, Quayle, Ruff, Locke

Clerk: Jocelyn R. Lance
Staff: Jessica Eades, Brenda Edwards
Date of Meeting: January 29, 2009
Time and Place: Thursday, 2:30 PM, 4 E Conference Rm, Gen. Assembly Bldg

S.B. 977 SCHEV guidelines; State Council of Higher Education to develop guidelines for curriculum adjustment.

Patron: Stuart

SCHEV guidelines; developmentally disabled students.  Requires the State Council of Higher Education for Virginia to develop guidelines for curriculum adjustments for developmentally challenged and developmentally disabled students that shall be implemented by all public two-year institutions of higher education.

S.B. 1173 Open Education Resource Center Grant Fund; established, development of two-year pilot project.

Patron: Watkins

Open education resource centers; fund established; pilot project.  Requires the State Board for Community Colleges, in consultation with the Virginia Department of Education and the State Council of Higher Education for Virginia, to develop a competitive grant pilot program to provide grants to community colleges to establish open education resource centers in the Commonwealth. To qualify for a grant, community colleges shall be required to demonstrate a partnership with faculty or staff from at least one local school division and one institution of higher education in the Commonwealth. Grants would be awarded on a competitive basis with guidelines established in the bill. The bill also establishes a fund authorizing both public and private contributions. The provisions of this bill would not become effective until either an appropriation of general funds effectuating the purposes of this bill is included in a general appropriations act passed by the 2009 or 2010 Session of the General Assembly, which becomes law, or funds from other private or public sources are deposited into the Open Education Resource Grant Fund by July 1, 2010.

S.B. 1214 Two-Year College Transfer Grant Program; eligibility.

Patron: Deeds

Two-Year College Transfer Grant Program; eligibility.  Includes Virginia domiciles who have earned 60 credit hours towards a four-year degree at a Virginia two-year public institution of higher education as eligible for the Two-Year College Transfer Grant Program.

S.B. 1251 College Savings Plan; provide for exclusion of certain financial record from Freedom of Information.

Patron: Miller, Y.B.

Virginia College Savings Plan.  Provides for: (i) the exclusion of certain financial records of the Virginia College Savings Plan from the Freedom of Information Act; (ii) the authorization for closed meetings of the Board of the Virginia College Savings Plan in certain circumstances; (iii) the expansion of the Virginia College Savings Plan Board from eight to 11 members; (iv) the creation of two advisory committees to the Board; and (v) the authority for the Virginia College Savings Plan Board to establish scholarships or matching grant programs for qualified students. The bill also renames the individual hired by the Virginia College Savings Plan Board to direct, manage, and administer the Plan as the "chief executive officer," rather than the current designation of "executive director."

S.B. 1395 Visitors, board of; College of William & Mary & VPI&SU boards authorized to invest & manage funds.

Patron: Norment

Board of visitors; the College of William and Mary and Virginia Polytechnic Institute and State University. Authorizes the boards of visitors of the College of William and Mary and Virginia Polytechnic Institute and State University to invest and manage endowment funds, endowment income, gifts, and all other nongeneral fund reserves and balances as well as local funds of or held by the College or University. Exempts members of the board of visitors from personal liability for losses suffered by such investment. The bill also exempts the investment and management of endowment funds, endowment income, gifts, and all other nongeneral fund reserves and balances and local funds of or held by the College and University from the Virginia Public Procurement Act. Finally, the bill allows the endowment funds, endowment income, gifts, and all other nongeneral fund reserves and balances and local funds of or held by the College or University to be invested or reinvested in derivatives, options, and financial securities in accordance with the Uniform Management of Institutional Funds Act.