S0053B0034A01652 DMS:BTW 06/05/17 #90 A01652
AMENDMENTS TO SENATE BILL NO. 53
Sponsor: SENATOR GREENLEAF
Printer's No. 34
Amend Bill, page 2, line 6, by inserting after "Commonwealth"
and the institution is an eligible school, as determined by
the agency that participates in the program during the 2016-2017
award year
Amend Bill, page 2, by inserting between lines 25 and 26
(iv) The agency may require necessary data reporting
requirements from participating schools and the agency shall
report to the General Assembly regarding the impact that online
education has on the scholarship program under this act. The
report shall be submitted to the Governor and the chair and
minority chair of the Appropriations C ommittee of the Senate the
chair and minority chair of the Appropriations Committee of the
House of Representatives and the chair and minority chair of the
Education Committee of the Senate and the chair and minority
chair of the Education Committee of the House of
Representatives.
(v) The board of directors may implement the necessary
controls, with regard to paragraphs (ii) and (iii), to limit the
impact of online education and protect the purchasing power of
the scholarship program under this act and as deemed necessary
by the agency.
(vi) For the purpose of this paragraph, "purchasing power"
shall be a mathematical formula, as determined by the agency,
that compares the annual amount of the scholarship provided for
by this act to the average tuition and fees as calculated by the
agency.
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