5-20-208. (Temporary) Powers and duties of committee. (1) The committee may:
     (a) organize and adopt rules to govern its proceedings; and
     (b) exercise the investigatory powers of a standing committee under Title 5, chapter 5, part 1.
     (2) The committee shall:
     (a) provide information to the board of regents in the following areas:
     (i) annual budget allocations;
     (ii) annual goal statement development;
     (iii) long-range planning;
     (iv) outcome assessment programs; and
     (v) any other area that the committee considers to have significant educational or fiscal policy impact;
     (b) periodically review the success or failure of the university system in meeting its annual goals and long-range plans;
     (c) periodically review the results of outcome assessment programs;
     (d) develop mechanisms to ensure strict accountability of the revenues and expenditures of the university system;
     (e) study and report to the legislature on the advisability of adjustments to the mechanisms used to determine funding for the university system, including criteria for determining appropriate levels of funding;
     (f) act as a liaison between both the legislative and executive branches and the board of regents;
     (g) encourage cooperation between the legislative and executive branches and the board of regents; and
     (h) report its activities, findings, recommendations, and any proposed legislation to the legislature. (Terminates July 1, 2005--sec. 1, Ch. 225, L. 1997.)

     History: En. Sec. 8, Ch. 387, L. 1993.