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TX HB299
Bill
Status
11/12/2024
Primary Sponsor
Terry Meza
Click for details
AI Summary
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Requires the Legislative Budget Board to conduct a study examining the long-term costs, benefits, and effects of regulating tuition rates at public institutions of higher education, including the potential impact of repealing universities' authority to set their own tuition
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Study must evaluate effects on student access to higher education, enrollment by disadvantaged or underrepresented Texans, affordability, financial aid, and student loan debt
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Study must recommend appropriate tuition rates compared to current institution-set rates and estimate potential revenue gains or losses from tuition regulation
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If revenue loss is projected, the board must identify alternative funding sources, including institutional endowments, and recommend specific endowment amounts that could offset reduced tuition revenues
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Report due to the governor, lieutenant governor, speaker, and relevant committee chairs by December 1, 2026; the provision expires September 1, 2027
Legislative Description
Relating to a study by the Legislative Budget Board concerning the long-term effects of regulating tuition rates and amounts charged by public institutions of higher education.
Education
Last Action
Referred to Higher Education
2/27/2025