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FL S7036
Bill
AI Summary
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Deletes the automatic annual tuition increase mechanism tied to inflation for resident undergraduate tuition per credit hour at state universities, effective for fiscal year 2008-2009 and beyond.
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Removes the requirement that the Office of Economic and Demographic Research annually report inflation rates to the Governor, Legislature, and Board of Governors prior to March 1.
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Eliminates the statutory definition of "rate of inflation" based on the Consumer Price Index for All Urban Consumers from the U.S. Department of Labor.
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Makes tuition increases contingent on rates provided in the General Appropriations Act, with resident undergraduate tuition remaining at prior year levels if no rate is specified.
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Takes effect July 1, 2014.
Legislative Description
Postsecondary Education
Last Action
Submit as committee bill by Education (SB 1148)
2/20/2014