LRB-1626/P1
ARG:cdc
2019 - 2020 LEGISLATURE
DOA:......Mott, BB0221 - Wisconsin Grant Formula Mid-Year Changes
For 2019-2021 Budget -- Not Ready For Introduction
An Act ...; relating to: the budget.
Analysis by the Legislative Reference Bureau
education
Higher education
1. Mid-year changes to the Wisconsin grant formula
This bill allows HEAB, under certain circumstances, to modify the formula used to award Wisconsin grants without JCF approval.
Under current law, HEAB administers the Wisconsin grant program, which provides grants to resident postsecondary students enrolled at least half time and registered as freshmen, sophomores, juniors, or seniors in UW System schools, technical colleges, private nonprofit colleges, and tribal colleges in this state. Each of these four types of higher education institutions must annually submit to HEAB a proposed formula for awarding Wisconsin grants to students enrolled in these institutions for the next year, and HEAB must then approve, modify, or disapprove these proposed formulas for awarding grants for the next year. If HEAB determines during the year that any formula approved during the prior year needs to be modified in order to expend the entire amount appropriated for grants to students at the applicable type of institution, HEAB must submit a modified formula to JCF and may implement the formula with JCF approval under a 14-day passive review process.
The bill eliminates the JCF submission and passive review process, allowing HEAB to implement modifications to the approved Wisconsin grant formula if HEAB determines during the year that any formula approved during the prior year needs to be modified in order to expend the entire amount appropriated for grants to students at the applicable type of institution.
The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:
Section
1. 39.285 (1) (b) of the statutes is amended to read:
39.285 (1) (b) If the board determines during a fiscal year that any formula approved under par. (a) during the prior fiscal year needs to be modified during the fiscal year in order to expend the entire amount appropriated for grants to students under s. 39.30 or 39.435, except s. 39.435 (2) or (5), in that fiscal year, the board shall submit may implement the modified formula
to the joint committee on finance. If the cochairpersons of the committee do not notify the board that the committee has scheduled a meeting for the purpose of reviewing the modified formula within 14 working days after the date of the submittal, the modified formula may be implemented as proposed by the board. If, within 14 working days after the date of the submittal, the cochairpersons of the committee notify the board that the committee has scheduled a meeting for the purpose of reviewing the modified formula, the modified formula may be implemented only upon approval of the committee.
(End)
