HF 2352 (LSB 6014HT (7) 90)

HOUSE FILE 2352

BY  ZABNER, KONFRST, MATSON, FORBES, CROKEN, BAGNIEWSKI, SRINIVAS, WILSON, SCHEETZ, LEVIN, AMOS JR., STAED, MADISON, B. MEYER, COOLING, BUCK, SCHOLTEN, WESSEL-KROESCHELL, WILBURN, JAMES, BROWN-POWERS, KRESSIG, CAHILL, and OLSON

A BILL FOR

An Act relating to the amount of tuition and mandatory fees charged by institutions of higher education governed by the state board of regents and making appropriations.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:

    Section 1.  Section 262.9, subsection 22, Code 2024, is amended to read as follows:
   22.  a.  Develop a policy and adopt rules relating to the establishment of tuition rates which provide a predictable basis for assessing and anticipating changes in tuition rates.
   b.  (1)  The rules shall provide that the amount of tuition and mandatory fees charged by an institution of higher education under the board’s control to a resident undergraduate student admitted on or after July 1, 2024, and on or before July 1, 2028, shall not increase during the student’s first four full academic years of participation in the undergraduate program.
   (2)  Commencing on or before February 1, 2025, and annually on or before each February 1 thereafter, a supplemental appropriation necessary to pay to the institutions of higher education under the board’s control amounts equal to the reduction in tuition and mandatory fees that result from the prohibition in subparagraph (1) shall be established by statute which shall be enacted during the regular legislative session.
   (3)  This paragraph is repealed July 1, 2032.
EXPLANATION
The inclusion of this explanation does not constitute agreement with
the explanation’s substance by the members of the general assembly.
   This bill relates to the amount of tuition and mandatory fees charged by institutions of higher education governed by the state board of regents.
   Current law requires the state board of regents to adopt rules related to the establishment of tuition rates which provide a predictable basis for assessing and anticipating changes in tuition rates. The bill requires these rules to provide that the amount of tuition and mandatory fees charged by an institution of higher education to a resident undergraduate student admitted on or after July 1, 2024, and on or before July 1, 2028, shall not increase during the student’s first four full academic years of participation in the undergraduate program. The bill provides that, commencing on or before February 1, 2025, and annually on or before each February 1 thereafter, a supplemental appropriation necessary to pay to the institutions of higher education amounts equal to the reduction in tuition and mandatory fees that result from the freeze on tuition and mandatory fees shall be established by statute. The bill’s provisions are repealed July 1, 2032.