HB 457
AN ACT relating to the Council on Postsecondary Education's oversight of public postsecondary education institutions.
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- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
Amend KRS 164.096 to require each public postsecondary education institution to provide the Council on Postsecondary Education its annual operating budget by August 1 of each fiscal year; require each institution to provide the council a quarterly budget-to-actual report within thirty (30) days following the end of each fiscal quarter; require each institution to provide financial information relevant to the Council's review of the institution's annual operating budget or quarterly budget-to-actual report upon the request of the council; amend KRS 164.013 to require the council's president to consult with the boards of regents and boards of trustees in their respective presidential selection and evaluation processes.
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