(1) Subject to the provisions of this section, the Legislature may provide an annual appropriation to support Florida private colleges and universities. Such appropriations may be used to provide access to Florida residents seeking a postsecondary education, to fulfill the state’s need for graduates in specific disciplines, and to support medical research.
(2) Each institution receiving an appropriation under this section shall submit a proposed expenditure plan to the Department of Education by the date and in the format established by the department.
(3) By September 1 of each fiscal year, each institution receiving an appropriation under this section shall submit a report to the Department of Education detailing expenditures of the funds received under this section in the preceding fiscal year. Any funds used to provide financial assistance to students shall be reported to the department in accordance with s. 1009.94.
(4) An institution may not expend any of the funds received under this section for the construction of any buildings.
History.—s. 30, ch. 2009-60.
Structure Florida Statutes
Title XLVIII - Early Learning-20 Education Code
Chapter 1011 - Planning and Budgeting
Part I - Preparation, Adoption, and Implementation of Budgets (Ss. 1011.01-1011.57)
Subpart C - Universities: Preparation,Adoption, and Implementation of Budgets
1011.40 - Budgets for universities.
1011.41 - University appropriations.
1011.4106 - Trust fund dissolution and local account appropriations.
1011.411 - Budgets for sponsored research at universities.
1011.42 - University depositories; deposits into and withdrawals from depositories.
1011.43 - Investment of university agency and activity funds; earnings used for scholarships.
1011.45 - End of year balance of funds.
1011.47 - Auxiliary enterprises; contracts, grants, and donations.
1011.48 - Establishment of educational research centers for child development.
1011.49 - Assent to Smith-Lever Act; university board of trustees authorized to receive grants.
1011.50 - Agricultural experiment stations; assent to Act of Congress; federal appropriation.
1011.51 - Independent postsecondary endowment grants.
1011.52 - Appropriation to first accredited medical school.
1011.521 - Appropriation to private colleges and universities.