Bill Summary: HB 6813

• Designates foundations established for constituent units and public institutions of higher education as public agencies subject to Freedom of Information Act disclosure requirements, effective October 1, 2015.

• Requires higher education foundations to maintain governing boards with student and faculty representation, conduct annual audits if receipts exceed $100,000 per year, and follow generally accepted accounting principles.

• Mandates written agreements between state agencies and foundations addressing facility use, reimbursement of expenses, investment policies, and asset disposition procedures.

• Exempts personally identifiable information of donors and prospective donors to higher education foundations from public disclosure without requiring a confidentiality request.

• Requires solicitors to disclose at the time of solicitation that donations go to the foundation and that donor identity may be kept confidential.