Requires the board of trustees of The Evergreen State College to: (1) In consultation with the office of financial management, develop a plan to transition The Evergreen State College to a private four-year institution of higher education over five years; and

(2) Beginning July 1, 2019, begin implementing the plan to transition the college to a private institution of higher education.

Requires the legislature, during the transition, to reduce state support by twenty percent per year for five years until state support is reduced to zero, and at the end of the five years, the board of trustees shall have The Evergreen State College appraised and listed for sale at fair market value or above.