Section 16-106-1. – Short title.
§ 16-106-1. Short title. This chapter shall be known and may be cited as “The Performance Incentive Funding Act of 2016.” History of Section.P.L. 2016, ch. 521, § 1.
Section 16-106-2. – Public postsecondary performance incentive funding.
§ 16-106-2. Public postsecondary performance incentive funding. The commissioner of postsecondary education is hereby directed to implement a performance incentive funding formula that meets the requirements of this chapter, in consultation with the council on postsecondary education. History of Section.P.L. 2016, ch. 521, § 1.
Section 16-106-3. – Performance incentive funding — Community College of Rhode Island.
§ 16-106-3. Performance incentive funding — Community College of Rhode Island. (a) Beginning in FY 2018, funding for the Community College of Rhode Island (“CCRI”) shall include a performance-based component utilizing all additional allocations of otherwise unrestricted, higher-education general revenue greater than the base amount received pursuant to the FY 2016 budget as enacted of […]
Section 16-106-4. – Performance incentive funding — Rhode Island College.
§ 16-106-4. Performance incentive funding — Rhode Island College. (a) Beginning in FY 2018, funding for Rhode Island college (“RIC”) shall include a performance-based component utilizing all additional allocations of otherwise unrestricted, higher-education general revenue greater than the base amount received pursuant to the FY 2016 budget as enacted, of total unrestricted state higher-education funding. […]
Section 16-106-5. – Performance not achieved.
§ 16-106-5. Performance not achieved. If a public institution of higher education has failed to achieve one or more of the performance metrics set forth in accordance with this chapter, the funds associated with each, unachieved metric shall be distributed to the same institution for corrective action, with oversight by the office of the postsecondary […]
Section 16-106-6. – Accountability — Authority to revise and transparency.
§ 16-106-6. Accountability — Authority to revise and transparency. (a) The commissioner of postsecondary education shall monitor, publish, and report to the council on postsecondary education the level of performance on all metrics identified in accordance with this chapter for the community college of Rhode Island, and Rhode Island college. (b) The commissioner of postsecondary […]
Section 16-106-7. – State postsecondary education funding formula.
§ 16-106-7. State postsecondary education funding formula. (a) Implementation of a state postsecondary-education funding formula shall be contingent upon the approval of the general assembly. On or before October 1, 2016, the commissioner of postsecondary education shall present to the board of education and the general assembly, the following: (1) A proposal for the further […]