Arizona HB4161 amends higher education provisions, including budget retention limits, tuition setting processes, and student credit hour thresholds.

Arizona HB4161 modifies several aspects of higher education governance and administration. It limits the Arizona Board of Regents' ability to retain funds from universities to supplement its operating budget to a maximum of $5,000,000 annually. The board must submit annual reports to the joint legislative budget committee detailing retained funds, expenditure plans, and prior year spending. The bill also outlines procedures for setting tuition and academic fees, including public hearings and advance notice requirements.

Arizona HB4161 amends higher education provisions, including budget retention limits, tuition setting processes, and student credit hour thresholds.

Arizona HB4161 modifies several aspects of higher education governance and administration. It limits the Arizona Board of Regents' ability to retain funds from universities to supplement its operating budget to a maximum of $5,000,000 annually. The board must submit annual reports to the joint legislative budget committee detailing retained funds, expenditure plans, and prior year spending. The bill also outlines procedures for setting tuition and academic fees, including public hearings and advance notice requirements.