Joint Budget Committee. Under current law, the Colorado school of mines (school) has a performance contract with the department of higher education that specifies the measurable performance goals that the school must achieve during the contract's term and authorizes the school's board of trustees to establish resident and nonresident tuition rates. The bill repeals this performance contract and makes conforming amendments.(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)