Funding request for capital development project -- Legislative approval -- Board prioritization, approval, and review.
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(1) In accordance with this section, an institution is required to receive legislative approval in an appropriations act for a dedicated project or a nondedicated project.
(2) An institution shall submit to the board a proposal for a funding request for each dedicated project or nondedicated project for which the institution seeks legislative approval.
(3) The board shall:
(a) review each proposal submitted under Subsection (2) to ensure the proposal:
(i) is cost effective and an efficient use of resources;
(ii) is consistent with the institution's mission and master plan; and
(iii) fulfills a critical institutional facility need;
(b) based on the results of the board's review under Subsection (3)(a), create:
(i) a list of approved dedicated projects; and
(ii) a list of approved nondedicated projects, prioritized in accordance with Subsection (5); and
(c) submit the lists described in Subsection (3)(b) to:
(i) the governor;
(ii) the Infrastructure and General Government Appropriations Subcommittee;
(iii) the Higher Education Appropriations Subcommittee; and
(iv) the State Building Board for the State Building Board's:
(A) recommendation, for the list described in Subsection (3)(b)(i); or
(B) recommendation and prioritization, for the list described in Subsection (3)(b)(ii).
(4) A dedicated project:
(a) is subject to the State Building Board's recommendation as described in Section 63A-5b-403; and
(b) is not subject to the State Building Board's prioritization as described in Section 63A-5b-403.
(5)
(a) Subject to Subsection (6), the board shall prioritize institution requests for funding for nondedicated projects based on:
(i) capital facility need;
(ii) utilization of facilities;
(iii) maintenance and condition of facilities; and
(iv) any other factor determined by the board.
(b) On or before August 1, 2019, the board shall establish how the board will prioritize institution requests for funding for nondedicated projects, including:
(i) how the board will measure each factor described in Subsection (5)(a); and
(ii) procedures for prioritizing requests.
(6)
(a) Subject to Subsection (6)(b), and in accordance with Subsection (5), the board may annually prioritize:
(i) up to three nondedicated projects if the ongoing appropriation to the fund is less than $50,000,000;
(ii) up to two nondedicated projects if the ongoing appropriation to the fund is at least $50,000,000 but less than $100,000,000; or
(iii) one nondedicated project if the ongoing appropriation to the fund is at least $100,000,000.
(b) For each calendar year beginning on or after January 1, 2020, the dollar amounts described in Subsection (6)(a) shall be adjusted by an amount equal to the percentage difference between:
(i) the Consumer Price Index for the 2019 calendar year; and
(ii) the Consumer Price Index for the previous calendar year.
(7)
(a) An institution may request operations and maintenance funds for a capital development project approved under this section.
(b) The Legislature shall consider an institution's request described in Subsection (7)(a).
(8) After an institution completes a capital development project described in this section, the board shall review the capital development project, including the costs and design of the capital development project.