Senate Bill 2523

AN ACT TO AMEND SECTION 37-101-15, MISSISSIPPI CODE OF 1972, TO ESTABLISH PARAMETERS FOR A NEW, PERFORMANCE-BASED FUNDING MODEL FOR STATE INSTITUTIONS OF HIGHER LEARNING; TO REQUIRE THAT SUCH FUNDING MODEL BE USED TO DISBURSE 75% OF GENERAL FUNDS APPROPRIATED FOR SUCH PURPOSE AND BE IMPLEMENTED BY JULY 1, 2029; TO PROVIDE FOR DISTRIBUTION OF REMAINING FUNDS; TO PROVIDE A 10% PERFORMANCE-BASED HOLDOUT; TO REQUIRE THE FUNDING MODEL TO INCLUDE A BASE APPROPRIATION AND A PERFORMANCE-BASED ALLOCATION; TO PROVIDE MEASURABLE OUTCOMES WHICH SHALL BE CALCULATED USING STANDARDIZED DEFINITIONS ADOPTED BY RULE; TO REQUIRE THE BOARD OF TRUSTEES OF STATE INSTITUTIONS OF HIGHER LEARNING TO ESTABLISH PERFORMANCE STANDARDS, SCORING THRESHOLDS AND VALUES FOR EACH METRIC IN A PUBLICLY NOTICED MEETING ON OR BEFORE JUNE 20, 2026; TO PROVIDE SPECIFIC REQUIREMENTS FOR SUCH STANDARDS, THRESHOLDS AND VALUES; TO PROVIDE FOR DEVELOPING, CALCULATING OR ADMINISTERING THE FUNDING MODEL; TO REQUIRE THE BOARD TO CONTINUOUSLY MONITOR INSTITUTIONAL PERFORMANCE UNDER THE FUNDING MODEL; TO REQUIRE THE BOARD TO IDENTIFY INSTITUTIONS AT RISK OF FAILING TO MEET SPECIFIC STANDARDS; TO AUTHORIZE THE BOARD TO TAKE CERTAIN ACTIONS UPON A DETERMINATION THAT AN INSTITUTION IS AT-RISK; TO REQUIRE THE BOARD TO SUBMIT AN ANNUAL REPORT TO THE LEGISLATURE AND PUBLISH SUCH REPORT ON ITS PUBLIC WEBSITE; TO REQUIRE CERTAIN INFORMATION TO BE INCLUDED IN THE REPORT; TO REQUIRE THE BOARD TO PROMULGATE RULES NECESSARY TO IMPLEMENT THIS ACT; TO REQUIRE THE BOARD TO ADOPT AND PUBLISH THE FUNDING MODEL, INCLUDING ALL METRIC DEFINITIONS, BENCHMARKS AND WEIGHTS, NO LATER THAN JUNE 30, 2026; TO PROVIDE FOR APPLICATION OF THE FUNDING MODEL FOR THE INITIAL THREE FISCAL YEARS FOLLOWING ADOPTION AND PUBLICATION; TO REQUIRE FULL IMPLEMENTATION OF THE FUNDING MODEL BY JULY 1, 2029; TO PROHIBIT THE BOARD FROM PERMITTING A PERSON SUBJECT TO THE REGISTRATION REQUIREMENTS UNDER SECTIONS 45-33-21 THROUGH 45-33-63 TO RESIDE IN A DORMITORY OR OTHER STUDENT LIVING ACCOMMODATION LOCATED ON THE CAMPUS OF OR MANAGED BY A STATE INSTITUTION OF HIGHER LEARNING; TO BRING FORWARD SECTIONS 37-101-1, 37-101-2, 37-101-3, 37-101-4, 37-101-5, 37-101-7, 37-101-9, 37-101-11, 37-101-13, 37-101-16, 37-101-19, 37-101-21, 37-101-23, 37-101-25, 37-101-29 AND 37-101-30, MISSISSIPPI CODE OF 1972, WHICH GOVERN THE INSTITUTIONS OF HIGHER LEARNING, FOR PURPOSE OF POSSIBLE AMENDMENT; AND FOR RELATED PURPOSES.

In the Senate

• Nicole Boyd

  Sponsor

• Senate floor amendmentPending

• Senate floor amendmentPending

l9n doesn't hold this bill's text yet.

In the Senate Jan 19 – Feb 12

1. Jan 19Referred to the Senate committee on Universities and Colleges
2. Feb 2Reported from committee in the Senate: title sufficient, do pass
3. Feb 12Amended in the Senate
4. Passed the Senate as amended

In the House of Representatives Feb 12 – Mar 3

1. Feb 12Motion in the Senate to reconsider entered
2. Feb 13Motion in the Senate to reconsider tabled
3. Feb 16Sent to the House
4. Referred to the House committees on Universities and Colleges and on Accountability, Efficiency, Transparency
5. Mar 3Died in committee in the House