New York S04068 establishes rules for orderly college or university closures.

New York S04068 amends the education law to authorize and direct the commissioner of education to create rules and regulations for colleges or universities planning to cease operations. These rules must include public disclosure of closure decisions at least a year in advance, holding public meetings, notifying accrediting agencies, providing details on student transfer plans, and sharing resource utilization plans with local governments. The act takes effect one year after becoming law.

New York S04068 establishes rules for orderly college or university closures.

New York S04068 amends the education law to authorize and direct the commissioner of education to create rules and regulations for colleges or universities planning to cease operations. These rules must include public disclosure of closure decisions at least a year in advance, holding public meetings, notifying accrediting agencies, providing details on student transfer plans, and sharing resource utilization plans with local governments. The act takes effect one year after becoming law.