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2011 SESSION

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HB 1687 State property; leases to private entities by higher educational institutions.

Introduced by: Rosalyn R. Dance | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

State property; leases to private entities by public institutions of higher education.  Provides that public institutions of higher education may enter into agreements with university-related foundations, private individuals, firms, corporations, or other entities to lease property in the possession or control of the institution provided the institutions meet the conditions prescribed in subsection B of § 23-38.88 of the Restructured Higher Education Financial and Administrative Operations Act. Currently such agreements are subject to the approval of the General Assembly.


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