5734-S AMH HASE SMIT 188

SSB 5734 - H AMD  TO WAYS COMM AMD (H-3287.1) 774

By Representative Hasegawa

NOT ADOPTED 4/22/2009

    On page 2, after line 34 of the striking amendment, insert the following:

    "(10) The governing boards of the state universities, regional universities, The Evergreen State College, and the state board for community and technical colleges shall act to expend all available resources down to minimum prudent reserve levels prior to increasing full time resident undergraduate and graduate tuition fees. Available resources shall include, but are not limited to, general fund state, education legacy trust, revenue generated by intercollegiate athletics, and endowment funds, to the extent permitted by terms and conditions of the endowment funds."

EFFECT: Requires all public institutions of higher education to fully expend all available resources down to minimum prudent reserve levels before increasing resident undergraduate and graduate tuition. Available resources include, but are not limited to, general fund state, education legacy trust, revenue from intercollegiate athletics, and endowment funds, to the extent permitted by the terms and conditions of each endowment fund.   

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