No. HB 5601
Filed under Education.
Higher Education; Transfers specified assets & liabilities between USF Sarasota/Manatee & New College of Florida; revises provisions relating to Title IX, tuition rates for certain postsecondary students; & removes future repeal of specified amendments to Florida Statutes.
Plain English Summary
AI-GENERATEDNew College of Florida assumes all debt and physical assets of the USF Sarasota/Manatee campus by July 2026.
USF students admitted before July 2026 retain priority access to the transferred buildings to finish their degrees.
University boards gain the authority to set out-of-state fees for nonresident students, subject to a 15% annual cap.
State funds may now be used to support Title IX compliance, including fixed capital outlay and recruitment costs.
AINew College of Florida must assume all debt and real property of the USF Sarasota/Manatee campus by July 1, 2026, and pay USF $166,617 monthly until the debt is retired.
AIUSF students admitted before July 1, 2026, must be given priority use of classroom and support space in the transferred buildings until they graduate, at no cost to USF.
AIUSF may not allow any student admitted after July 1, 2026, to designate the Sarasota/Manatee campus as their home campus.
AIEach university board of trustees may now establish out-of-state fees for nonresident students, replacing the prior Board of Governors authority.
AIState funds may be used for Title IX compliance costs, including capital outlay, scholarships, administration, recruitment, and comparable coaching.
AIUniversities must commit 12 percent of their prior fiscal year state operating fund carry forward balance to fund a public education capital outlay project.
AINew construction projects must include a plan to reserve funds in an escrow account for future maintenance, removing the prior requirement that the account be specific to the project.
AIThe definition of educational facilities now includes research use areas, not just special educational use areas.