Sec. 10a-38. (Formerly Sec. 10-331d). Administration of program.
Sec. 10a-38. (Formerly Sec. 10-331d). Administration of program. In administering sections 10a-36 to 10a-42a, inclusive, the Board of Governors of Higher Education shall develop and utilize fiscal procedures designed to insure accountability of the
public funds expended pursuant to said sections. Such procedures shall include provisions for compliance audits which may be conducted by the Department of Higher
Education of any independent college or university which participates in the program
established pursuant to sections 10a-36 to 10a-42a, inclusive. Commencing with the
fiscal year ending June 30, 1989, and biennially thereafter, each such independent institution shall submit the results of an audit done by an independent certified public accountant for each year of participation in the program. Independent colleges and universities
determined by the board of governors not to be in substantial compliance with the provisions of sections 10a-40, 10a-41 and 10a-42g shall be ineligible to receive funds under
the program for the fiscal year next following the fiscal year in which the independent
college or university was determined not to be in substantial compliance pursuant to
this section and for each fiscal year thereafter until the board of governors determines
that the college or university is in substantial compliance with the provisions of this
section.
(1969, P.A. 627, S. 5; 1972, S.A. 53, S. 20; P.A. 77-573, S. 24, 30; P.A. 82-218, S. 37, 46; 82-314, S. 58, 63; P.A. 83-197, S. 3, 9; P.A. 84-241, S. 2, 5; P.A. 87-450, S. 3, 17; P.A. 92-126, S. 11, 48; P.A. 94-180, S. 1, 17.)
History: 1972 act replaced "10-331e" with "10-331h", set February fifteenth as report deadline and required report to
education committee rather than to entire general assembly; P.A. 77-573 replaced commission for higher education with
board of higher education; P.A. 82-218 replaced board of higher education with board of governors pursuant to reorganization of higher education system, effective March 1, 1983; P.A. 82-314 changed official name of education committee;
Sec. 10-331d transferred to Sec. 10a-38 in 1983; P.A. 83-197 reduced from 2.5% to 1% the per cent of the amount
appropriated for the program which may be used to administer the program, deleted reporting requirement and substituted
provision which requires board to develop fiscal procedures designed to insure accountability of amounts appropriated;
P.A. 84-241 added "of higher education" to board of governors' title; P.A. 87-450 added provisions re board of governors'
use of appropriated funds to audit program records, audits by the department of higher education and by independent
certified public accountants and re ineligibility for funds when college or university not in substantial compliance with
certain statutory requirements; P.A. 92-126 removed authority for the board of governors to utilize up to 1% of the amount
appropriated to administer Secs. 10a-36 to 10a-42a, inclusive; P.A. 94-180 made technical changes, effective July 1, 1994.