Adopted by House 4-11-2009
SB373 HFIN AMT 4-8
McO

Eng. Com. Sub. for Com. Sub. for S. B. 373 -- "A BILL to
repeal §18C-7-8 of the Code of West Virginia, 1931, as amended; to amend said code by adding thereto a new section, designated §18B- 1D-9; to amend and reenact §18B-2A-1 of said code; to amend and reenact §18C-1-1 and §18C-1-5 of said code; and to amend and reenact §18C-7-3, §18C-7-4, §18C-7-5, §18C-7-6, §18C-7-7 and §18C- 7-8 of said code, all relating to higher education in West Virginia generally; requiring training and development opportunities for members of the Higher Education Policy Commission, the Council for Community and Technical College Education and the institutional governing boards; revising criteria for membership of the institutional governing boards and the manner in which the membership is determined; requiring the governor to consider certain factors and seek a certain balance when appointing members ; reconstituting the Higher Education Student Financial Aid Advisory Board; providing for member appointments; setting forth member qualifications and terms of office; setting forth duties of the advisory board; changing conditions upon which students who attended high school outside the state may be eligible for financial aid; establishing tuition rate for all West Virginia University graduate students; dissolving the PROMISE Scholarship Board and transferring its powers and duties to the Higher Education Policy Commission and under the administration of the Vice Chancellor for Administration; requiring the vice chancellor to submit an annual report; defining terms; authorizing investment of certain funds with the West Virginia Investment Management Board; increasing by two percent the aggregate percentage amount the Legislature intends to allocate to PROMISE scholarship program for a certain fiscal year; setting a minimum amount for the PROMISE scholarship annual award and authorizing the Higher Education Policy Commission to provide annual awards greater than the minimum under certain circumstances if funds are available; increasing flexibility for adjusting requirements to receive a PROMISE scholarship; providing conditions under which PROMISE scholarship annual awards are continued to certain students under certain circumstances; establishing citizenship and immigrant conditions of eligibility for a PROMISE scholarship; clarifying that a PROMISE scholarship may supplement certain tuition and fee waivers; and authorizing the Higher Education Policy Commission to promulgate rules. ".