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SB22-121

Tuition Revenue Pledged By Institution Higher Education

Type Bill
Session 2022 Regular Session
Subjects
Higher Education

Concerning increasing the amount of tuition revenues pledged by an institution of higher education.

Bill Summary:

The act increases, from 10% to 100%, the amount of tuition revenues that a governing board of an institution of higher education or group of institutions of higher education designated as an enterprise may pledge in a contract for the advancement of money. If an institution of higher education issues a revenue bond and the governing board of the institution wants the bond to be an intercept bond, the act raises the amount of the pledged revenue for the new intercept bond from not less than 10% of tuition to not less than 100% of tuition if the institution is an enterprise.


(Note: This summary applies to this bill as enacted.)

Status

Became Law

Introduced

Passed

Became Law

Related Documents & Information

Date Version Documents
04/07/2022 Signed Act PDF
04/01/2022 Final Act PDF
03/25/2022 Rerevised PDF
03/22/2022 Revised PDF
02/24/2022 Reengrossed PDF
02/23/2022 Engrossed PDF
02/03/2022 Introduced PDF
Date Version Documents
06/15/2022 FN2 PDF
02/11/2022 FN1 PDF
Activity Vote Documents
Refer Senate Bill 22-121 to the Committee of the Whole. The motion passed on a vote of 9-0. Vote summary
Activity Vote Documents
Refer Senate Bill 22-121 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar. The motion passed on a vote of 7-0. Vote summary
Date Calendar Motion Vote Vote Document
03/25/2022 Third Reading BILL
55
AYE
6
NO
4
OTHER
Vote record
Date Calendar Motion Vote Vote Document
02/24/2022 Third Reading BILL
32
AYE
1
NO
1
OTHER
Vote record
Date Location Action
04/07/2022 Governor Governor Signed
04/01/2022 Governor Sent to the Governor
04/01/2022 House Signed by the Speaker of the House
03/30/2022 Senate Signed by the President of the Senate
03/25/2022 House House Third Reading Passed - No Amendments
03/23/2022 House House Third Reading Laid Over Daily - No Amendments
03/22/2022 House House Second Reading Passed - No Amendments
03/17/2022 House House Committee on Education Refer Unamended to House Committee of the Whole
02/24/2022 House Introduced In House - Assigned to Education
02/24/2022 Senate Senate Third Reading Passed - No Amendments
02/23/2022 Senate Senate Second Reading Passed - No Amendments
02/17/2022 Senate Senate Committee on Education Refer Unamended - Consent Calendar to Senate Committee of the Whole
02/03/2022 Senate Introduced In Senate - Assigned to Education
Effective Date Chapter # Title Documents
04/07/2022 76 Tuition Revenue Pledged By Inst Higher Education PDF