SB 5684-S - DIGEST
(DIGEST OF PROPOSED 1ST SUBSTITUTE)

Establishes the higher education infrastructure act.

Creates the higher education infrastructure investment program to leverage state spending on capital projects in high-demand fields of study, in partnership with the state's employers.

Creates the higher education infrastructure board to: (1) Provide oversight and guidance for the program in light of established legislative priorities; and

(2) Fulfill the duties and responsibilities under this act, including soliciting project proposals and funds and setting annual fundraising goals.

Creates the higher education infrastructure act match account and the higher education infrastructure fund.