HB 155 (2023)
Revise Higher Education Commission and related surety bonds
Summary:
Revises the membership of the Higher Education Commission, for example removing a representative from a for-profit college. This bill also removes the duty of the commission to apply for, accept, and expend grants. Lastly, this bill changes the minimum surety bond requirements for private and postsecondary career schools, specifying that it must be equal to at least 10% of the annual gross tuition for the current academic year.
Bill Sponsor:
Michael Moffett
Status:
Public Hearing Date:
01/11/2023 01:25 pm
Public Hearing Location:
LOB Room 205-207
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