HB4305 S FIN AM #1 3-5

Johnson  7909

The Committee on Finance moved to amend the bill by striking out everything after the enacting clause and inserting in lieu thereof the following:

ARTICLE 10. FEES AND OTHER MONEY COLLECTED AT STATE INSTITUTIONS OF HIGHER EDUCATION.

§18B-10-1d. Resident tuition rates for economic development participants.

(a) The term "resident" or "residency", or any other term or expression used to designate  a West Virginia resident student, when used to determine the rate of tuition to be charged students  attending state institutions of higher education, may be construed to include economic  development participants.

(b) To meet the definition of "economic development participant" under this section, the  following criteria must be met:  

(1) The person or the person’s parent or legal guardian received economic development  incentives to locate to West Virginia, offered pursuant to §5B-2-3b of this code; and  

(2) The person files with that institution of higher education a letter of intent to establish 0 residency in this state.  

(c) An economic development participant who qualifies as a resident on the first day of the semester or term of the institution of higher education may be charged resident tuition rates.

Adopted

Rejected