Sec. 3-22e. Connecticut Higher Education Trust Advisory Committee.
Sec. 3-22e. Connecticut Higher Education Trust Advisory Committee. (a)
There is established a Connecticut Higher Education Trust Advisory Committee which
shall consist of the State Treasurer, the Commissioner of Higher Education, the Secretary
of the Office of Policy and Management and the cochairpersons and ranking members
of the joint standing committees of the General Assembly having cognizance of matters
relating to education and finance, revenue and bonding, or their designees, and one
student financial aid officer and one finance officer at a public institution of higher
education in the state, each appointed by the Board of Governors of Higher Education,
and one student financial aid officer and one finance officer at an independent institution
of higher education in the state, each appointed by the Connecticut Conference of Independent Colleges. The advisory committee shall meet at least annually. The State Treasurer shall convene the meetings of the committee.
(b) Within six months from the date of the trust's annual report, the State Treasurer
and the Board of Governors of Higher Education shall jointly report, in accordance
with section 11-4a, to the joint standing committees of the General Assembly having
cognizance of matters relating to education and finance, revenue and bonding on an
evaluation of the Connecticut Higher Education Trust and recommendations, if any, for
improvements in the program.
(P.A. 88-299, S. 5, 6; 89-237, S. 1, 11; P.A. 97-224, S. 11, 12.)
History: P.A. 89-237 amended Sec. 5 of P.A. 88-299 which was special in nature and therefore not codified to replace
a temporary committee with a permanent committee, thereby necessitating its codification, deleted obsolete provisions re
the convening of the committee and the submission of an implementation plan for the initial issue and sale of college
savings bonds and relettered Subsec. (c) as Subsec. (b); P.A. 97-224 changed the committee from an advisory committee
to the Family College Savings Plan to an advisory committee to the Connecticut Higher Education Trust and changed the
report in Subsec. (b) to correspond to the change in duties, in Subsec. (a) increased the membership by adding the finance
officers, changed the appointing authority for the student financial aid officer from an independent institution from the
Board of Governors of Higher Education to the Connecticut Conference of Independent Colleges, required the committee
to meet at least annually and specified that the State Treasurer convene the meetings, effective July 1, 1997.