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MO SB1118
Bill
AI Summary
- Public institutions must submit tuition percentage changes to the coordinating board for higher education by July 1st each year, with increases capped at the consumer price index rate
- Institutions exceeding tuition increase limits must remit 5% of their current year state operating appropriation to the general revenue fund, unless granted a waiver by the commissioner of higher education
- Adds "required fees" to the statutory definitions, meaning any required fee associated with full-time enrollment at an institution
- Student-established fees created after the bill's effective date automatically expire after 10 years unless reauthorized by majority student body vote
- Existing student-established fees will expire 10 years after the bill takes effect unless students vote to reauthorize them
Legislative Description
Clarifies the definition of "required student fees" and requires that student-established fees expire no later than ten years after the effective date of the fee
Last Action
Hearing Conducted S Education Committee
3/16/2016
Committee Referrals
Education3/3/2016
Full Bill Text
No bill text available