Revision: March 15, 2013, midnight
SB 162-FN – AS AMENDED BY THE SENATE
03/14/13 0737s
2013 SESSION
04/03
SENATE BILL 162-FN
AN ACT repealing the student tuition guaranty fund and making provisions for the disbursement of remaining funds, and relative to the membership of the higher education commission.
SPONSORS: Sen. Stiles, Dist 24; Sen. Bradley, Dist 3; Sen. D'Allesandro, Dist 20; Rep. Lovejoy, Rock 36; Rep. Copeland, Rock 19; Rep. Abrami, Rock 19; Rep. Shaw, Hills 16; Rep. Ladd, Graf 4
COMMITTEE: Health, Education and Human Services
This bill:
I. Repeals the student tuition guaranty fund and requires the higher education commission to disburse all remaining funds to the private postsecondary career school responsible for contributing the funds.
II. Adds an additional member to the higher education commission who represents the interests of private postsecondary career schools.
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Explanation: Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
03/14/13 0737s
13-0299
04/03
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Thirteen
AN ACT repealing the student tuition guaranty fund and making provisions for the disbursement of remaining funds, and relative to the membership of the higher education commission.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Repeal. The following are repealed:
I. RSA 188-G:4, relative to student tuition guaranty fund.
II. RSA 6:12, I(b)(233), relative to the student tuition guaranty fund.
2 Private Postsecondary Career Schools; Licenses and Fees. Amend RSA 188-G:2, V to read as follows:
V. A private postsecondary career school which the commission has determined requires a license shall, prior to the issuance of a license, comply with this section[,] and RSA 188-G:3[, and RSA 188-G:4].
3 Private Postsecondary Career Schools; Surety Indemnification. Amend the introductory paragraph in RSA 188-G:3 to read as follows:
188-G:3 Surety Indemnification. Before a license is issued or renewed, a school shall [meet the requirements of this section or RSA 188-G:4, by providing acceptable surety indemnification as determined] furnish surety indemnification as required in this section.
4 Student Tuition Guaranty Fund; Disbursement of Funds. The higher education commission established in RSA 21-N:8-a shall refund the balance of funds, less interest, in the student tuition guaranty fund established in RSA 188-G:4 as of the effective date of this act to the schools which were responsible for contributing such funds. The commission shall deposit any interest on such funds into the general fund.
5 Division of Higher Education; Higher Education Commission; Membership. Amend RSA 21-N:8-a, II(a)(9) to read as follows:
(9) [One member] Two members to be appointed by the governor and council, on recommendation by the New Hampshire Council for Professional Education, who shall be [a resident] residents of the state and [a representative of a] shall represent private postsecondary career [school] schools.
6 Effective Date. This act shall take effect June 30, 2013.
LBAO
13-0299
01/22/13
SB 162-FN - FISCAL NOTE
AN ACT relative to licensing of postsecondary career schools.
FISCAL IMPACT:
Due to time constraints, the Office of Legislative Budget Assistant is unable to provide a fiscal note for this bill, as introduced, at this time. When completed, the fiscal note will be forwarded to the Senate Clerk's Office.