EQUITABLE UNIVERSITY FUNDING
Sponsored By: Kimberly A. Lightford (Democratic)
In Committee
Summary
Creates the Adequate and Equitable Public University Funding Act. Provides that, after the effective date of the Act, all general operating expenses for public universities shall be distributed by the Board of Higher Education through a funding formula for eligible public institutions and shall be administered by the Board. Defines "eligible public institution". Sets forth provisions concerning the adequacy targets and resource profiles of eligible public institutions. Provides for the distribution of State appropriations and the calculation of the base funding minimum for each eligible public institution. Provides that the Board shall oversee an accountability and transparency framework for assessing the distribution and use of all funds appropriated by the funding formula and evaluating the funds' effects on institutional outcomes pertaining to student affordability, enrollment, persistence, and outcome metrics. Provides for reporting and the establishment of an Accountability and Transparency Committee. Provides that the Board shall establish a Funding Formula Review Panel tasked with studying and reviewing topics pertaining to the implementation and impact of the funding formula. Contains provisions concerning the Board's annual budget request and the collection of data. Amends the Board of Higher Education Act. Removes certain provisions concerning budget proposals. Effective immediately.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & Cosponsors
Sponsor
Kimberly A. Lightford
Democratic • Senate
Cosponsors
Adriane Johnson
Democratic • Senate
Christopher Belt
Democratic • Senate
David Koehler
Democratic • Senate
Doris Turner
Democratic • Senate
Emil Jones, III
Democratic • Senate
Graciela Guzmán
Democratic • Senate
Karina Villa
Democratic • Senate
Lakesia Collins
Democratic • Senate
Mark L. Walker
Democratic • Senate
Mattie Hunter
Democratic • Senate
Michael W. Halpin
Democratic • Senate
Mike Simmons
Democratic • Senate
Napoleon Harris, III
Democratic • Senate
Patrick J. Joyce
Democratic • Senate
Rachel Ventura
Democratic • Senate
Ram Villivalam
Democratic • Senate
Robert Peters
Democratic • Senate
Willie Preston
Democratic • Senate
Roll Call Votes
No roll call votes available for this bill.
Actions Timeline
Senate Committee Amendment No. 2 Rule 3-9(a) / Re-referred to Assignments
6/1/2026SenateSenate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments
6/1/2026SenateRule 3-9(a) / Re-referred to Assignments
6/1/2026SenateSenate Committee Amendment No. 2 Assignments Refers to Executive
5/27/2026SenateSenate Committee Amendment No. 2 Referred to Assignments
5/27/2026SenateSenate Committee Amendment No. 2 Filed with Secretary by Sen. Kimberly A. Lightford
5/27/2026SenateRule 2-10 Committee/3rd Reading Deadline Established As May 31, 2026
5/22/2026SenateRule 2-10 Committee/3rd Reading Deadline Established As May 22, 2026
5/15/2026SenateRule 2-10 Committee/3rd Reading Deadline Established As May 15, 2026
4/24/2026SenateAdded as Co-Sponsor Sen. Lakesia Collins
4/22/2026SenateAdded as Co-Sponsor Sen. Emil Jones, III
4/17/2026SenateAdded as Co-Sponsor Sen. Patrick J. Joyce
4/17/2026SenateAdded as Co-Sponsor Sen. Mike Simmons
4/16/2026SenateRule 2-10 Committee Deadline Established As April 24, 2026
3/27/2026SenateSponsor Removed Sen. Javier L. Cervantes
3/24/2026SenateRule 2-10 Committee Deadline Established As March 27, 2026
3/13/2026SenateAdded as Co-Sponsor Sen. Napoleon Harris, III
2/19/2026SenateAdded as Co-Sponsor Sen. Javier L. Cervantes
2/18/2026SenateSenate Committee Amendment No. 1 Re-assigned to Executive
1/27/2026SenateRe-assigned to Executive
1/27/2026SenateAdded as Co-Sponsor Sen. Mark L. Walker
1/14/2026SenateAdded as Co-Sponsor Sen. Robert Peters
1/13/2026SenateSenate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments
6/2/2025SenateRule 3-9(a) / Re-referred to Assignments
6/2/2025SenateRule 2-10 Committee/3rd Reading Deadline Established As June 1, 2025
5/23/2025Senate
Bill Text
Introduced
Senate Amendment 1
Senate Amendment 2
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