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2020 SESSION

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SB 1062 Virginia Higher Education Funding Review Commission; established, duties, report.

Introduced by: J. Chapman Petersen | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Virginia Higher Education Funding Review Commission established; duties. Directs the Secretary of Education to convene the Virginia Higher Education Funding Review Commission as an advisory commission to provide advice and make recommendations on higher education costs, funding needs, and appropriations in Virginia, as specified in the bill, with the Secretary of Education serving ex officio without voting privileges. The bill directs the Commission to consult with national and state policy experts and institutional innovators in other states and consider trends in the implementation of various outcomes-based funding models and to account for institutional differences. The Commission shall also seek input from within the Commonwealth, including industry leaders, consumer advocacy groups, and representatives of public doctoral institutions, comprehensive institutions, and comprehensive community colleges. The Commission shall submit a preliminary report and any related recommendations to the Governor and the Chairmen of the House Committee on Appropriations and the Senate Committee on Finance and Appropriations by November 1, 2020, with a final report by July 1, 2021.


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