This bill restricts an institution of higher education from entering into certain agreements without approval of the Legislature.
This bill:
- defines terms;
- requires the Legislature to approve an agreement between an institution and a private capital firm in regard to intercollegiate athletics;
- requires an institution to provide certain information to the state auditor upon request;
- grants the Utah Board of Higher Education rulemaking authority; and
- makes technical and conforming changes.

Statutes affected:
Introduced: 53H-3-102, 53H-6-201