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IA HSB541
SB
Status
1/13/2026
Primary Sponsor
Higher Education
Click for details
AI Summary
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State Board of Regents must submit a report to the General Assembly and Governor by November 2026 describing how to establish a performance-based funding model for regent institutions (University of Iowa, Iowa State University, University of Northern Iowa)
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The proposed funding model must include graduation rates as a required performance metric
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Degrees awarded in areas corresponding to high-demand jobs in Iowa must be factored into the funding model
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Post-graduation employment rates and post-graduation income are required metrics for evaluating institutional performance
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The number of graduates who remain in Iowa after graduation must be included as a factor in determining funding allocations
Legislative Description
A bill for an act requiring the state board of regents to submit a report to the general assembly and the governor related to establishing a performance-based funding model for the institutions of higher education governed by the state board of regents.(See HF 2243.)
Last Action
Committee report approving bill, renumbered as HF 2243.
1/30/2026