SF 675 House Long Description
sf675FIRST ENGROSSMENTOmnibus higher education finance bill.ARTICLE 1�APPROPRIATIONSSection 1: Higher education appropriations summary by fund provided.Sec. 2: Higher education services office appropriations detailed.Sec. 3: Board of trustees of the Minnesota state colleges and +universities appropriations detailed. Sec. 4: Board of regents of the University of Minnesota +appropriations detailed.Sec. 5: Mayo medical foundation appropriations provided.Sec. 6: SELF loan reserve fund transfer detailed.Sec. 7: Postsecondary systems report required.Sec. 8: K-12 teacher instruction and licensure survey required.ARTICLE 2�POLICY CHANGESSection 1: Expiration modified.Sec. 2: Meningitis information required.Sec. 3: HESO director required.Sec. 4: Council duties modified.Sec. 5: Executive officers conforming changes provided.Sec. 6: Higher education advisory council provisions modified.Sec. 7: Expiration modified.Sec. 8: "Assigned family responsibility" definition modified.Sec. 9: Cost of attendance provisions modified.Sec. 10: Insufficient appropriation provisions modified.Sec. 11: Award eligibility clarified.Sec. 12: Full-year grant eligibility clarified.Sec. 13: Deadline modified.Sec. 14: Conforming change.Sec. 15: Amount and length of grants modified.Sec. 16: Revenue bond maximum increased.Sec. 17: Fees modified.Sec. 18: Fond du Lac campus programs detailed.Sec. 19: Endowed chair account provisions clarified.Sec. 20: Health professional education budget plan modified.Sec. 21: Repealer.ARTICLE 3�HESO HOUSEKEEPINGSection 1: Postservice benefit modified.Sec. 2: Wisconsin reciprocity provisions modified.Sec. 3: Revenue bond maximum increased.Sec. 4: Technical.Sec. 5: "Application" defined.Sec. 6: "Minor trust account" defined.Sec. 7: "Rollover distribution" definition modified.Sec. 8: Technical.Sec. 9: Nonqualified distributions and matching grants modified.Sec. 10: Technical.Sec. 11: Contributions to an account provisions modified.Sec. 12-14: Technical statutory references added.Sec. 15: Maximum account balance limit modified.Sec. 16: Excess contributions and balances modified.Sec. 17: Matching grant qualification date changed.Sec. 18: "Family income" definition modified.Sec. 19: Residency requirements modified.Sec. 20: Annual application requirements clarified.Sec. 21: Technical.Sec. 22: Qualified distribution methods modified.Sec. 23: Nonqualified distribution regulations modified.Sec. 24: Minor trust accounts regulated.Sec. 25: Membership terms clarified.Sec. 26: Award amount modified.Sec. 27: Learn and earn program relating to postsecondary +opportunities account provided.Sec. 28: Repealer.ARTICLE 4�MNSCU ADMINISTRATIVE CHANGESSection 1: Contract provisions clarified.Sec. 2: Custodial account purchase authorized.Sec. 3: Conforming change.Sec. 4: Board of trustees powers expanded.Sec. 5: Policies and procedures modified.Sec. 6: Office of technology provision modified.Sec. 7: Easements detailed.Sec. 8: Federal money acceptance provided.Sec. 9: Repealer.AE