Sec. 6. (a) Subject to subsection (b), in addition to projects authorized by the general assembly, the board of trustees of a state educational institution may engage in a repair and rehabilitation project for which:
(1) the cost of the project exceeds two million dollars ($2,000,000); and
(2) any part of the cost of the project is paid by state appropriated funds or by mandatory student fees assessed all students for the project;
only if the project is reviewed by the commission for higher education and approved by the governor, on recommendation of the budget agency. The review by the commission for higher education must be completed not later than ninety (90) days after the project is submitted for review.
(b) If no part of the cost of a repair and rehabilitation project is paid by state appropriated funds or by mandatory student fees assessed all students for the project, the review and approval requirements of this section apply only if the project exceeds two million dollars ($2,000,000).
[Pre-2007 Higher Education Recodification Citations: 20-12-5.5-2(a)(2).]
As added by P.L.2-2007, SEC.274. Amended by P.L.31-2010, SEC.5; P.L.229-2011, SEC.238; P.L.143-2014, SEC.8.
Structure Indiana Code
Article 33. State Educational Institutions: Approval of Projects; Funding
Chapter 3. Projects for Land, Buildings, and Facilities; Repair and Rehabilitation Projects
21-33-3-1. Application of Chapter; State Educational Institutions
21-33-3-2. Application of Chapter; Property
21-33-3-3. Approved or Authorized Projects Subject to Review by the Commission
21-33-3-4. Advisory Recommendation
21-33-3-5. Board; Authority to Engage in Certain Projects
21-33-3-6. Board; Authority to Engage in Repair and Rehabilitation Projects
21-33-3-7. Board; Authority to Lease Property
21-33-3-8. Items Included in Cost of Projects