Did not become law. It stopped in the Senate's Education Committee on July 6, 2015. The 2015 session has ended.
2015 Regular Session
Senate Bill 954
Requires each school obtaining approval from Higher Education Coordinating Commission to offer academic degree to biennially obtain bond or letter of credit demonstrating school is financially sound and capable of fulfilling commitments to students.
What it does
The synopsis the Legislative Assembly published with the bill.
Requires each school obtaining approval from Higher Education Coordinating Commission to offer academic degree to biennially obtain bond or letter of credit demonstrating school is financially sound and capable of fulfilling commitments to students. Establishes requirements for bonds and letters of credit. Grants students right to bring claim against school, bond or letter of credit if student suffers economic loss due to school ceasing to operate or commission revoking school's approval. Establishes process for commission to place school or program on probation or to revoke approval for school to offer academic degrees. Declares emergency, effective on passage.
Sponsors
Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.
In the Senate
Sponsor
Its course
April 8 to July 6, 2015, on one scale. In the top row each mark is a day something happened; taller marks are busier days.
Each committee stop sits inside its chamber.
Every action3 actions on 2 days
In the SenateApr 8 to Jul 6 · stopped89 days
Waiting for a committeeApr 8 to Apr 80 days
EducationApr 8 to Jul 6 · stopped89 days
Text
Each version as the Legislative Assembly printed it.
l9n doesn't hold this bill's text yet.
What happened
In l9n's words, one line for each step. Every action as the Legislative Assembly published it is below.