HSB 657 (LSB 5645YC (3) 89)

HOUSE FILE _____ 

BY  (PROPOSED COMMITTEE ON EDUCATION BILL BY CHAIRPERSON HITE)

A BILL FOR

An Act relating to Iowa tuition grants and the definition of accredited private institutions.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:

    Section 1.  Section 261.9, subsection 1, unnumbered paragraph 1, Code 2022, is amended to read as follows:
   “Accredited private institution” means an institution of higher learning that was established in Iowa on or before January 1, 2020, that is currently located in Iowa which, that is operated privately and not controlled or administered by any state agency or any subdivision of the state, and which that meets the criteria in paragraphs “a” and “b” and all of the criteria in paragraphs “d” through “i”, except that institutions defined in paragraph “c” of this subsection are exempt from the requirements of paragraphs “a” and “b”:
EXPLANATION
The inclusion of this explanation does not constitute agreement with
the explanation’s substance by the members of the general assembly.
   This bill revises the definition of “accredited private institution” for the purpose of Iowa tuition grants to require the institution of higher learning to have been established in Iowa on or before January 1, 2020. Pursuant to Code chapter 261, tuition grants provide need-based grant assistance to eligible students who attend private colleges and universities located in Iowa that meet the definition of accredited private institution. Code chapter 261 annually appropriates $48,896,050 for tuition grants.