Bill > H7149

This bill revises how state universities in Florida manage their finances and campus development by adjusting fee structures, expanding the uses of certain fees for debt financing, and streamlining campus planning processes. Specifically, it modifies the percentage of tuition and other fees that can be used for technology fees and increases the amount a university can charge for parking. The bill also removes the requirement for campus development agreements, which were previously used to coordinate university development with local governments, and instead mandates that universities must have an updated campus master plan, a long-term planning document that outlines land use and infrastructure needs. Additionally, it clarifies which revenues can be used to secure revenue bonds and debt, allowing for broader use of athletic fees, sales from educational departments, and technology fees for debt service under certain conditions, and increases the cost cap for replacing minor university facilities and for certain fixed capital outlay projects.