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SB 299

New College Institute; membership and composition of board of directors, report.

2026 Regular Session Introduced by Kannan Srinivasan

SB 299 restructures New College Institute's board of directors membership and composition to modify institutional governance structure.

Approved by Governor-Chapter 610 (effective 7/1/2026)
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Bill Summary · SB 299

Legislative bill overview

SB 299 modifies the board of directors composition and membership requirements for New College Institute, a Virginia higher education institution. The bill restructures how board members are selected and their roles within the institution's governance structure.

Why is this important

Board composition directly affects institutional decision-making, strategic direction, and accountability. Changes to membership requirements can influence the college's responsiveness to stakeholders, financial management, and educational priorities.

Potential points of contention

  • Stakeholder representation: How the revised board composition balances representation from students, faculty, alumni, business community, and government appointees
  • Appointment authority: Whether the bill shifts power over board selection among the governor, legislature, or other entities, potentially affecting institutional independence
  • Qualification standards: New eligibility requirements or restrictions on who can serve may either improve expertise or limit diversity of perspectives

Compiled from official sources — confirm details with the bill’s official record.

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