1.1 	A bill for an act
1.2 	relating to education; creating a task force on establishing a postsecondary tuition 
1.3 	endowment; requiring a report.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. POSTSECONDARY TUITION PROGRAM TASK FORCE.
 1.6 		Subdivision 1.Establishment. The commissioner of education, in collaboration 
1.7 	with the president of the University of Minnesota and the chancellor of the Minnesota State 
1.8 	Colleges and Universities, shall appoint an advisory task force by July 1, 2014, to research 
1.9 	the establishment and operation of an endowment that pays the tuition of any public school 
1.10 	student who gains admission to a public higher educational institution in Minnesota.
1.11 		Subd. 2.Duties. The duties of the task force include:
1.12 	(1) reviewing similar programs throughout the country, including "the power of you";
1.13 	(2) providing expenditure estimates for the program; and
1.14 	(3) exploring possible funding sources for an endowment.
1.15 		Subd. 3.Report. By December 20, 2014, the task force must submit its 
1.16 	recommendations to the commissioner of education. The commissioner shall report 
1.17 	findings and recommendations to the legislative committees with jurisdiction over 
1.18 	kindergarten through grade 12 education and higher education by December 31, 2014.