Senate Committee Examines Funding Models

The Senate Higher Education Committee convened today to take testimony about alternative methods of university finance, such as competency-based and performance funding models. Currently, an all-funds model is used, primarily involving a contact hour formula system.

Special Item Funding

The Joint Interim Committee on Higher Education Formula Funding met today for only the second, but possibly last, time. Their report is due in June. You may remember that last session, the initial Senate Finance Bill zeroed out the $1.1 Billion formerly known as Special Item Funding for universities. TACT, with others, spent much effort reinstating most of the funds to the approved budget, but they’re still on the firing line.

Formula Funding Committee Convenes

The Joint Interim Committee on Higher Education Formula Funding met yesterday for the first of two scheduled meetings before its June report is due. The expected discussion on the $1.1 Billion issue of Special Item appropriations was scheduled for February 27.

TACT First Alert 2-6-2018

Last chance to register for TACT’s 2018 Spring Legislative Day which will be held on February 16th at the Texas State Capitol. We will meet in The Rotunda at 8:30 AM and begin meetings at 9:00 AM. Your attendance is a great way to voice your opinon on issues important to you and experience TACT in action. RSVP: Abby at office@tact.org. There is no charge.

Higher Education Hates New Tax Bills

• Tuition waivers: House tax bill would make waived tuition taxable for many grad and doctoral students who have their tuition waived in exchange for teaching.

• University Employees: Will be taxed on any tuition or benefits received for their children because they work at the University.

• Student Loan Interest: House bill eliminates claiming a deduction on student loan interest

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