HB 2750 Summary

• Amends community college district governing board powers to prohibit compensating employees for work on behalf of elected employee representative organizations and providing more favorable terms to union members.

• Establishes Arizona Teachers Academy fund and expands eligible postsecondary institutions to include community colleges offering postbaccalaureate teacher certification programs, with scholarships up to $10,000/year for graduate students and $5,000/year for undergraduate students requiring teaching service commitments.

• Modifies university intellectual property income sharing by requiring universities to deposit 20% of cumulative net income exceeding $1,000,000 threshold from licensure, royalty, and intellectual property agreements into the financial aid trust fund instead of the general fund.

• Adds provision allowing universities to retain all revenues in their operating budgets with tuition and fees deposited in prescribed subaccounts, rather than remitting revenues to the state general fund.

• Authorizes reduced state match requirements for financial aid trust fund surcharges and specifies that fiscal year 2019-2020 community college state aid amounts be determined by the general appropriations act.