5734-S AMH CHAS CLYN 148

SSB 5734 - H AMD TO WAYS COMM AMD (H3287.1) 822

By Representative Chase

WITHDRAWN 4/22/2009

    On page 1, line 10 of the striking amendment, after "act." insert "Any increases in full-time tuition fees for resident undergraduates above the amount of tuition fees charged such students in the 2008-09 academic year shall be deposited by the college or university in a local account containing only operating fees revenue and related interest, shall only be used for faculty salaries and other instructional purposes, and shall not be used, either directly or indirectly, for the purpose of constructing, erecting, altering, demolishing, reconstructing, maintaining, equipping, or furnishing buildings or other capital assets or for the payment of principal or interest of building bonds."

    On page 1, line 20 of the striking amendment, after "students." insert "Any increases in full-time tuition fees for resident graduate students above the amount of tuition fees charged such students in the 2008-09 academic year shall be deposited by the college or university in a local account containing only operating fees revenue and related interest, shall only be used for faculty salaries and other instructional purposes, and shall not be used, either directly or indirectly, for the purpose of constructing, erecting, altering, demolishing, reconstructing, maintaining, equipping, or furnishing buildings or other capital assets or for the payment of principal or interest of building bonds."

EFFECT:   Provides that the amount of any increase in tuition fees for resident undergraduates and resident graduate students beyond the amount charged such students for the 2008-09 academic year shall only be deposited in the operating fees account, shall only be used for instructional purposes such as salaries, and shall not be used for building fee purposes.

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