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2020 SESSION

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SB 398 Higher educational institutions, public; foundations, annual reporting requirements.

Introduced by: Amanda F. Chase | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Public institutions of higher education; foundations; annual reporting requirements. Requires each public institution of higher education to release an annual report regarding foundations associated with the institution setting forth foundation expenses. The annual report shall include the total annual expenditures by each foundation; the percentage of expenditures used for scholarships or financial aid by each foundation; the percentage of expenditures used for instructional programs by each foundation; the percentage of expenditures used for research by each foundation; the percentage of expenditures used for intercollegiate athletics by each foundation; and the percentage of expenditures used for buildings and maintenance by each foundation.


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