Assembly Bill 406 aims to regulate the tuition and fees for resident undergraduate students within the University of Wisconsin System. The bill specifically prohibits the Board of Regents from increasing resident undergraduate tuition by more than the percentage increase in the consumer price index (CPI) for the previous year. The CPI is defined as the consumer price index for all urban consumers, U.S. city average, as determined by the U.S. Department of Labor. Additionally, the bill clarifies that resident undergraduate tuition encompasses academic fees, differential tuition, and any other mandatory fees charged to students.

To implement these changes, the bill amends existing statutes and introduces new provisions. It adds a new subsection (1m) to section 36.27, which outlines the definitions related to resident undergraduate tuition and the limitations on tuition increases. The amendments also ensure that any increase in segregated fees is contingent upon approval from the joint committee on finance. The provisions of this act will first apply to tuition and fees charged for the first semester or session that begins at least 30 days after the effective date of the bill.

Statutes affected:
Bill Text: 36.11(57)(c), 36.11, 36.27(1)(a), 36.27