"AN ACT CONCERNING PUBLIC INSTITUTIONS OF HIGHER EDUCATION. "

In line 20, strike "and"

In line 117, before "(b)" insert an opening bracket

In line 119, delete the opening and closing brackets

In line 121, delete "and verified by" and insert a period in lieu thereof

Delete line 22 in its entirety

In line 123, strike "State"

In line 124, after "value. " insert a closing bracket

In line 125, bracket "(c)" and after the closing bracket insert "(b)"

In line 177, after "therein," insert "[; and to the same extent the employee or employees shall be obligated as defined in said subsection (a); (c) the]"

Strike lines 178 to 183, inclusive, in their entirety and insert in lieu thereof: "such interests shall automatically vest in the university and, by reason of such employee's or employees' employment by the university, such employee or employees shall be obligated to take the same actions required by subdivision (1) of this section with respect to inventions in category A; and"

After the last section, add the following and renumber sections and internal references accordingly:

"Sec. 501. Subsection (a) of section 10a-104 of the 2012 supplement to the general statutes is repealed and the following is substituted in lieu thereof (Effective July 1, 2012):

(a) The Board of Trustees of The University of Connecticut shall: (1) Make rules for the government of the university and shall determine the general policies of the university, including those concerning the admission of students and the establishment of schools, colleges, divisions and departments, and shall direct the expenditure of the university's funds within the amounts available; (2) develop the mission statement for The University of Connecticut, and all campuses thereof, which shall include, but not be limited to, the following elements: (A) The educational needs of and constituencies served by said university and campuses; (B) the degrees offered by said university; and (C) the role and scope of each institution and campus within the university system, which shall include each institution's and campus' particular strengths and specialties; [. The board of trustees shall submit the mission statement to the Board of Regents for Higher Education for review and approval in accordance with the provisions of section 10a-6; ] (3) establish policies for the university system and for the individual institutions and campuses under its jurisdiction; (4) submit to the Board of Regents for Higher Education, for approval, recommendations for the establishment of new academic programs; (5) make recommendations, [to the Board of Regents for Higher Education,] when appropriate, regarding institutional or campus mergers or closures; (6) coordinate the programs and services of the institutions and campuses under its jurisdiction; (7) be authorized to enter into agreements, consistent with the provisions of section 5-141d, to save harmless and indemnify sponsors of research grants to The University of Connecticut, provided such an agreement is required to receive the grant and limits liability to damages or injury resulting from acts or omissions related to such research by employees of the university; (8) promote fund-raising to assist the university and report to the executive director of the Office of Financial and Academic Affairs for Higher Education and the joint standing committee of the General Assembly having cognizance of matters relating to education by January 1, 1994, and biennially thereafter, on such fund-raising; (9) charge the direct costs for a building project under its jurisdiction to the bond fund account for such project, provided (A) such costs are charged in accordance with a procedure approved by the Treasurer and (B) nothing in this subdivision shall permit the charging of working capital costs, as defined in the applicable provisions of the Internal Revenue Code of 1986, or any subsequent corresponding internal revenue code of the United States, as from time to time amended, or costs originally paid from sources other than the bond fund account; (10) exercise the powers delegated to it pursuant to section 10a-109d; and (11) establish by October 1, 1997, policies governing the acceptance of gifts made by a foundation established pursuant to sections 4-37e and 4-37f to the university or its employees for reimbursement of expenditures or payment of expenditures on behalf of the university or its employees.

Sec. 502. Subsection (d) of section 10a-105 of the 2012 supplement to the general statutes is repealed and the following is substituted in lieu thereof (Effective July 1, 2012):

(d) Commencing December 1, 1981, and thereafter not later than sixty days after the close of each quarter, the board of trustees shall submit to the joint standing committee of the General Assembly having cognizance of matters relating to appropriations and the budgets of state agencies and the Office of Policy and Management [, through the Board of Regents for Higher Education,] a report on the actual expenditures of The University of Connecticut Operating Fund and The University of Connecticut Health Center Operating Fund containing such relevant information as the Office of Policy and Management may require in the form prescribed by the board of regents in accordance with subsection (a) of section 10a-8. "