The bill amends the General Laws in Chapter 16-59, which governs the Council on Postsecondary Education in Rhode Island, by revising the council's powers and duties. Notably, the council's role is changed from developing to reviewing and approving the strategic plan for higher education, which is prepared by the commissioner of postsecondary education. The plan follows broad goals set by the board of education and includes a comprehensive capital development program. The council is also tasked with maintaining a five-year funding plan, preparing an annual state higher education budget, appointing and dismissing presidents of public higher education institutions, enforcing higher education laws, and overseeing affirmative action reporting and implementation. The bill includes insertions and deletions to reflect these changes and calls for the governor to consider diversity in board appointments.

Additionally, the bill introduces a new section, 16-59-6, which details the appointment of a Commissioner of Postsecondary Education by the Council with the board's approval, and the governor as an additional voting member for this process. The commissioner is responsible for developing the strategic plan for public higher education, coordinating with the board of education, implementing policy, and overseeing the office of postsecondary commissioner. The bill also outlines the council's authority over the Division of Higher Education Assistance, the acceptance of advanced placement test scores, and the establishment of penalties and fees. It mandates that the commissioner's strategic plan address state needs, increase degree production, and consolidate services, and that an associate degree from the Community College of Rhode Island will meet general education requirements for transfer to a Rhode Island public institution as a junior. The bill requires full implementation by the 2025-2026 academic year and annual reports starting in the 2024-2025 academic year, taking effect upon passage.