BillTracker

Creating the higher education infrastructure investment program (Palumbo, Wilson)

Creates the higher education infrastructure investment program to leverage state spending on capital projects in high-demand fields of study, in partnership with the state's employers.
Creates the higher education infrastructure investment board to:
(1) Provide oversight and guidance for the program in light of established legislative priorities; and
(2) Fulfill the duties and responsibilities under this act, including soliciting project proposals and funds and setting annual fundraising goals.
Requires the joint legislative audit and review committee to evaluate the program.
Creates the higher education infrastructure investment match account and the higher education infrastructure investment fund.


EFFECT OF CHANGES MADE BY HIGHER EDUCATION COMMITTEE (First Substitute):
- The title of the bill is amended to "An act relating to creating the higher education infrastructure act."
- Adds associates degrees to the types of degree programs that the program will support in the intent section.
- Changes the name of the Higher Education Infrastructure Investment Match Account to the Higher Education Infrastructure Act Match Account.
- Further defines the definition of a Higher Education Infrastructure Investment Project to include new capital project proposals or capital equipment projects that benefit high demand programs of study.
- Adds life sciences to the list of industry sectors that the Governor must appoint Board members from.
- Adds that the capital budget leads from both the majority and minority parties in both chambers and must be appointed to the Board.
- The Governor must consider two appointees from a list prepared by the Speaker of the House, the House Minority Leader, the Majority Leader of the Senate, and the Minority Leader of the Senate.
- Adds representatives from the Council of Presidents and the State Board for Community and Technical Colleges as non-voting members to the Board.
- Removes previous informal consultation requirement with the State Board for Community and Technical Colleges.
- The initial appointments to the Board must occur no later than six months following the initial private sector donation.
- Grants cannot be awarded until after January 1, 2019.
- If vacancies on the Board were selected from a list provided by the Speaker of the House and the minority and majority leaders of the Senate, the Governor must solicit new lists of prospective appointees from those legislative stakeholders.
- Adds applied baccalaureate degrees, applied associate degrees, and certificates in workforce training to the types of degrees that a proposal must be deemed likely to increase.
- Clarifies that the Program's administrative costs are to be less than 1 percent of private funding sources.
- Removes the Joint Legislative Audit and Review Committee reporting requirement.
- Clarifies that the program director or the Board's designee as the entity authorized to make expenditures from the Higher Education Infrastructure Act Match Account.
- Clarifies that expenditures may not be used to maintain or operate facilities or equipment constructed with funds from the Higher Education Infrastructure Act Match Account. Maintenance and operations requests must be requested through the annual budget submittal process to the Office of Financial Management.

Hearing Date: Thursday, February 23, 2017 -- 1:30 pm

WA State Legislature Link:
http://app.leg.wa.gov/billsummary?BillNumber=5684&Year=2017    (opens a new browser tab)