Mississippi Senate Bill 2523: Institutions of higher learning; require adoption of new performance-based funding model.

Mississippi · 2026 Regular Session

What it does

An Act To Amend Section 37-101-15, Mississippi Code Of 1972, To Establish Parameters For A New, Performance-based Funding Model For State Institutions Of Higher Learning; To Require That Such Funding Model Be Used To Disburse 75% Of General Funds Appropriated For Such Purpose And Be Implemented By July 1, 2029; To Provide For Distribution Of Remaining Funds; To Provide A 10% Performance-based Holdout; To Require The Funding Model To Include A Base Appropriation And A Performance-based Allocation; To Provide Measurable Outcomes Which Shall Be Calculated Using Standardized Definitions Adopted By Rule; To Require The Board Of Trustees Of State Institutions Of Higher Learning To Establish Performance Standards, Scoring Thresholds And Values For Each Metric In A Publicly Noticed Meeting On Or Before June 20, 2026; To Provide Specific Requirements For Such Standards, Thresholds And Values; To Provide For Developing, Calculating Or Administering The Funding Model; To Require The Board To Continuously Monitor Institutional Performance Under The Funding Model; To Require The Board To Identify Institutions At Risk Of Failing To Meet Specific Standards; To Authorize The Board To Take…

Latest action

Died In Committee (2026-03-03)

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