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MD SB445

MD SB445
For-Profit Institutions of Higher Education and Private Career Schools - Instructional Spending - Requirements


summary

Introduced
01/27/2020
In Committee
02/24/2020
Crossed Over
Passed
Dead
03/18/2020

Introduced Session

2020 Regular Session

Bill Summary

Requiring certain for-profit institutions of higher education and private career schools to report certain information on revenues and spending to the Maryland Higher Education Commission on or before June 30 each year; requiring that, on or after July 1, 2022, and each July 1 thereafter, in order to maintain approval to operate in the State and enroll certain students, the institutions and schools must submit a certain plan and provide certain refunds under certain circumstances; etc.

AI Summary

This bill requires certain for-profit institutions of higher education and private career schools in Maryland to report information on their revenues and spending on instructional activities to the Maryland Higher Education Commission annually. Starting in July 2022, if an institution does not use at least 50% of its tuition revenue on instructional spending, it must submit a corrective action plan, limit tuition charges for Maryland students, and provide refunds to Maryland students for the excess tuition charged. The bill also empowers the Commission to take enforcement actions against violations of these requirements.

Committee Categories

Health and Social Services

Sponsors (8)

Last Action

Unfavorable Report by Education, Health, and Environmental Affairs; Withdrawn (on 02/24/2020)

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