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sb154 sub1 Senate Bill 154 History

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COMMITTEE SUBSTITUTE

FOR

Senate Bill No. 154

(By Senators Tomblin, Mr. President, and Sprouse,

By Request of the Executive)

____________

[Originating in the Committee on Education;

reported February 25, 2004.]

____________



A BILL to amend the code of West Virginia, 1931, as amended, by adding thereto a new section, designated §18B-14-12; and to amend said code by adding thereto a new article, designated §18C-9-1, §18C-9-2, §18C-9-3, §18C-9-4, §18C-9-5, §18C-9-6, §18C-9-7, §18C-9-8 and §18C-9-9, all relating to creating the distinguished graduate student fellowship program; establishing endowment trust funds; providing definitions; receiving public and private funding; investing or reinvesting funds; providing for administration and use of funds; specifying powers and duties of higher education policy commission; providing for standards and review; requiring annual reports; providing evaluation criteria for applicant selection; authorizing governing boards to solicit private funds; and creating a statewide task force on graduate studies.

Be it enacted by the Legislature of West Virginia:
That the code of West Virginia, 1931, as amended, be amended by adding thereto a new section, designated §18B-14-12; and to amend said code by adding thereto a new article, designated §18C-9-1, §18C-9-2, §18C-9-3, §18C-9-4, §18C-9-5, §18C-9-6, §18C-9-7, §18C-9-8 and §18C-9-9, all to read as follows:
CHAPTER 18B. HIGHER EDUCATION.

ARTICLE 14. MISCELLANEOUS.
§18B-14-12. Creation of the statewide task force on graduate study in science, technology, engineering and mathematics.

(a) There is hereby created a statewide task force on graduate study in science, technology, engineering and mathematics to address issues which include, but are not limited to, the following:
(1) Increasing the number of graduate students and post- doctorates in science, technology, engineering and mathematics, including the number of women and minority graduate students in these fields;
(2) Increasing the number of West Virginia undergraduate and graduate students who receive nationally competitive scholarships and fellowships in science, technology, engineering and mathematics, such as Goldwater, Howard Hughes, national science foundation and Udall Fellowships;
(3) Increasing the quality of graduate faculty and programs in science, technology, engineering and mathematics;
(4) Coordinating graduate programs in science, technology, engineering and mathematics with the goals and objectives of the West Virginia experimental program to stimulate competitive research, the state science and technology advisory council, the state economic development office, and the minority doctoral scholar program of the southern regional education board; and
(5) Increasing the quantity and quality of academic research, as measured by federal and external expenditures for research and development.
(b) The task force is chaired by the chancellor of higher education and is comprised of ten additional members selected as follows:
(1) The secretary of education and the arts or designee;
(2) The executive director of the West Virginia experimental program to stimulate competitive research;
(3) The executive director of the West Virginia development office or designee;
(4) The chief academic officers of Marshall University and West Virginia University; and
(5) Five members appointed by the governor who represent academic and business interests. Of the appointments made by the governor, at least three are residents of the state.
(c) Appointments to the task force shall be made so that members may begin their deliberations no later than the first day of July, two thousand four.
(d) The task force shall complete its work and report on its findings and recommendations to the legislative oversight commission on education accountability, the higher education policy commission, and the science and technology advisory council by the first day of December, two thousand four.

CHAPTER 18C. STUDENT LOANS; SCHOLARSHIPS AND STATE AID.

ARTICLE 9. WEST VIRGINIA DISTINGUISHED GRADUATE FELLOWSHIP PROGRAM.

§18C-9-1. Title; definitions.
(a) This article is known and may be cited as the West Virginia Distinguished Graduate Student Fellowship Program.
(b) For the purposes of this article,
(1) "Trust fund" or "trust funds" means the distinguished graduate student fellowship endowment trust fund;
(2) "Institution" or "institutions" means Marshall university and West Virginia university, either singly or jointly; and
(3) "Fellowship program" means the West Virginia Distinguished Graduate Student Fellowship Program established pursuant to this article.
§18C-9-2. Legislative findings.
(a) For the year two thousand, statistics for West Virginia colleges and universities show the following:
(1) A total of two thousand five hundred forty-seven graduate students enrolled in science and engineering, ranking the state thirty-eighth in the nation;
(2) A total of ninety-four doctorates in science and engineering awarded, ranking the state fortieth in the nation; and
(3) A total of forty-seven post-doctorate students in science and engineering appointed, ranking the state forty-sixth in the nation.
(b) In view of these statistics, the Legislature finds that it is in the best interest of the people of West Virginia to increase the number of graduate and post-doctorate students in science and engineering fields as an effective strategy to enhance the research capacity, improve graduate education, and stimulate economic development in the state. Therefore, the Legislature hereby establishes the West Virginia distinguished graduate student fellowship program at Marshall university and at West Virginia university.
§18C-9-3. Establishment of funds.
There is hereby established at Marshall university and at West Virginia university each, a distinguished graduate student fellowship endowment trust fund.
§18C-9-4. Powers and duties of Marshall university and West Virginia university governing boards.

(a) The board of governors of Marshall university and West Virginia university each is hereby expressly authorized to receive private or public grants, gifts or bequests restricted by the donor to the programs set forth in this article. The board may hold, invest or reinvest such funds and expend the income from the funds as provided in section five of this article.
(b) Each board is exempt from liability for any loss or decrease in value of the assets or income of the fund, except as losses or decreases in value are shown to be the result of bad faith, gross negligence or intentional misconduct.
(c) For the purpose of valuing assets, each board may use any commonly accepted technique of appraisal or commonly accepted principles of accounting. No agency of government or any person, natural or corporate, may charge or collect any fee or receive any part of the principal or income from any appropriation, grant, gift or bequest as a fee for the acquisition or administration of the appropriation, grant, gift or bequest.
(d) At all times, each board shall adhere to the terms and limitations of any appropriation, grant, gift or bequest received. A board may refuse to receive any grant, gift or bequest which incorporates terms and limitations that it considers unacceptable.
(e) At its sole discretion, each board may borrow money when necessary in order to avoid the untimely sale of assets. At no time, however, may the board incur any debt obligation for such purpose which exceeds twelve months in duration.
§18C-9-5. Administration of fund.
(a) The trust funds established at Marshall University and West Virginia University pursuant to section three of this article are administered by the board of governors at each institution. Each trust fund consists of new gifts or bequests of private funds specifically restricted and designated for the uses set out in this article.
(b) Gifts and bequests received after the first day of July, two thousand four, and restricted by the donor for use consistent with the purposes of this article, constitute the principal in these accounts. The principal in each account may not be expended for any purpose. Each board of governors shall adopt a policy to protect the principal and the purchasing power of the original gift.
(c) Investment earnings accruing in each account during the previous fiscal year may be expended for the purpose set forth in this article.
(d) The investment earnings accrued and any matching funds appropriated by the Legislature may be used solely as stipends for graduate students who are selected as distinguished graduate student fellows after the first day of July, two thousand four.
(e) For the purpose of encouraging the donation of private moneys to the endowment fund, each board of governors may designate specific areas of graduate academic study or research as subjects of challenge grants.
§18C-9-6. Duties of the higher education policy commission.
The higher education policy commission has the following powers and duties related to the fellowship program:
(a) To establish documentation standards and review procedures to determine the eligibility of donor gifts for participation in fellowship program when the gift is initially received or when the terms of the gift are significantly changed;
(b) To ensure that the annual operating budget request for each institution includes the total amount of gifts received by the trust fund, the amount of investment earnings realized, and the anticipated expenditures;
(c) To develop and submit to the governor an annual consolidated budget request for the fellowship program for the fiscal year beginning on the first day of July, two thousand four. The budget request shall include a request for an appropriation by the Legislature to each institutional account each fiscal year in an amount equal to the investment earnings in the previous fiscal year which are intended for use in the fiscal year as stipends for distinguished graduate student fellows. Nothing in this article requires any specific level of funding by the Legislature.
(d) To allocate any funds appropriated by the Legislature between the institutions at the beginning of each quarter; and
(e) To submit to the Legislature no later than the first day of December of each year a report on the status of the program, the value of endowment holdings, the investment earnings realized, graduate student stipends paid, and the qualifications and accomplishments of the graduate students selected as distinguished graduate student fellows.
§18C-9-7. Process for preparation of executive budget.
(a) The governor shall consider the budget request of the policy commission for inclusion in the appropriate account for the fellowship program.
(b) The Legislature may include an appropriation in the appropriate account, regardless of the governor's action on the budget request submitted by the policy commission as described in subsection (a) of this section.
(c) Nothing in this section requires any specific level of funding by the Legislature.
§18C-9-8. Selection of distinguished graduate student fellows.
(a) Each institution shall establish criteria for the selection of persons to be appointed as distinguished graduate student fellows pursuant to this article. For each candidate, the criteria shall include, but are not limited to, the following:
(1) The overall postsecondary academic record including grades received in math, science and engineering courses and scores on standardized tests;
(2) The overall research record, including participation in externally-funded research projects and authorship or co-authorship of books, chapters or articles in peer-reviewed journals; and
(3) The relevance of academic and research expertise and experience to the goals and objectives of the West Virginia experimental program to stimulate competitive research, and the West Virginia science and technology advisory council.
§18C-9-9. Authorization to solicit private moneys, terms of grants, reports; handling of moneys.

(a) Each institution and each dean and department chair within each institution, may solicit moneys for the endowment of the fellowship program pursuant to this article. All persons and institutions engaged in soliciting moneys shall apprise the appropriate governing board of their actions and provide periodic reports, at least once each fiscal year, regarding the amounts secured.
(b) When any moneys are received, they shall be forwarded immediately to the appropriate governing board for deposit in the trust fund of that institution.

NOTE: The purpose of this legislation is to create a statewide task force on graduate studies and to create a distinguished graduate student fellowship program at West Virginia University and Marshall University.

§18B-14-12 is a new section; therefore, strike-throughs and underscoring have been omitted.

§18C-9-1 is a new article; therefore, strike-throughs and underscoring have been omitted.
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