Bill Text: FL S7036 | 2014 | Regular Session | Introduced
Bill Title: Postsecondary Education
Spectrum: Committee Bill
Status: (N/A - Dead) 2014-02-20 - Submit as committee bill by Education (SB 1148) [S7036 Detail]
Download: Florida-2014-S7036-Introduced.html
Florida Senate - 2014 (PROPOSED COMMITTEE BILL) SPB 7036 FOR CONSIDERATION By the Committee on Education 581-01683-14 20147036__ 1 A bill to be entitled 2 An act relating to postsecondary education; amending 3 s. 1009.24, F.S.; deleting a provision related to 4 automatic rate of inflation increase of resident 5 undergraduate tuition per credit hour at state 6 universities; deleting a provision that requires the 7 Office of Economic and Demographic Research to 8 annually report the rate of inflation to the Governor, 9 the Legislature, and the Board of Governors; deleting 10 the definition of the term “rate of inflation”; 11 providing an effective date. 12 13 Be It Enacted by the Legislature of the State of Florida: 14 15 Section 1. Paragraph (b) of subsection (4) of section 16 1009.24, Florida Statutes, is amended to read: 17 1009.24 State university student fees.— 18 (4) 19 (b) Beginning with the 2008-2009 fiscal year and each year 20 thereafter, the resident undergraduate tuition per credit hour 21 shall increase at the beginning of each fall semester at a rate 22equal to inflation, unless otherwiseprovided in the General 23 Appropriations Act. If the rate is not provided in the General 24 Appropriations ActThe Office of Economic and Demographic25Research shall report the rate of inflation to the President of26the Senate, the Speaker of the House of Representatives, the27Governor, and the Board of Governors each year prior to March 1.28For purposes of this paragraph, the rate of inflation shall be29defined as the rate of the 12-month percentage change in the30Consumer Price Index for All Urban Consumers, U.S. City Average,31All Items, or successor reports as reported by the United States32Department of Labor, Bureau of Labor Statistics, or its33successor for December of the previous year. In the event the34percentage change is negative, the resident undergraduate 35 tuition shall remain at the same level as the prior fiscal year. 36 Section 2. This act shall take effect July 1, 2014.