1. (1)

   1. (a)

      1. (i) The board shall establish a model for determining an institution's performance.

      2. (ii) The board shall:

         1. (A) set a five-year goal for the Utah System of Higher Education for each metric described in Subsection (2)(a);
         2. (B) adopt five-year goals for each institution that align with each goal described in Subsection (1)(a)(ii)(A); and
         3. (C) ensure the goals the board adopts for each institution described in Subsection (1)(a)(ii)(B) are sufficiently rigorous to meet the goals described in Subsection (1)(a)(ii)(A); and

   2. (b)

      1. (i) The board shall submit a draft of the model described in this section to the Higher Education Appropriations Subcommittee and the governor for comments and recommendations.

      2. (ii) Every five years, the board shall:

         1. (A) submit the model described in Subsection (1)(a)(i) and the goals described in Subsection (1)(a)(ii) to the Higher Education Appropriations Subcommittee and to the governor for comments and recommendations; and
         2. (B) consider the comments and recommendations described in Subsection (1)(b)(ii)(A), and make any necessary changes to the model described in Subsection (1)(a)(i) and the goals described in Subsection (1)(a)(ii).
   3. (c) Every five years, the Executive Appropriations Committee, the Higher Education Appropriations Subcommittee, and the Education Interim Committee shall prepare and jointly meet to consider legislation for introduction at the following general legislative session to adopt the goals described in Subsection (1)(a)(ii).

2. (2)

   1. (a) The board shall set the goals and establish the performance model described in Subsection (1)(a)(i) for the following metrics:

      1. (i) access;
      2. (ii) timely completion; and
      3. (iii) high-yield awards.
   2. (b) The board shall determine the relative weights of the metrics described in Subsection (2)(a).
   3. (c) The board shall determine and establish in board policy, the definitions, measures, and relative weights of the metrics described in Subsection (2)(a) based on each institution's mission.

3. (3)

   1. (a) For each degree-granting institution, the board shall annually determine the degree-granting institution's:

      1. (i) performance; and
      2. (ii) change in performance compared to the degree-granting institution's average performance over the previous five years.

   2. (b) For each institution, the board shall annually:

      1. (i) adopt annual performance goals for each metric described in Subsection (2)(a)(ii) that will advance the institution toward achievement of the five-year goals described in Subsection (1)(a)(ii);
      2. (ii) evaluate performance in meeting the goals described in Subsection (3)(b)(i); and
      3. (iii) include a degree-granting institution's or technical college's performance under this section in the evaluation described in Subsection 53H-1-203(2)(i).
4. (4) The board shall use the model described in Subsection (1)(a)(i) to make the report described in Section 53H-8-303 for determining an institution's performance funding.

5. (5) At the end of each five-year period for which the board sets goals under Subsection (1)(a)(ii):

   1. (a) the board shall:

      1. (i) review the Utah System of Higher Education's performance in meeting the goals the board sets under Subsection (1)(a)(ii)(A);
      2. (ii) review each institution's performance in meeting the goals the board sets under Subsection (1)(a)(ii)(B); and
      3. (iii) allocate any funds not allocated under Subsection 53H-8-303(6)(d) to eachinstitution that meets or exceeds the goals the board sets under Subsection (1)(a)(ii)(B); and
   2. (b) the Legislature may appropriate additional funds for the board to allocate to each institution that meets or exceeds goals as described in Subsection (5)(a)(iii).

6. (6) In year two or three of each five-year period for which the board sets goals under Subsection (1)(a)(ii), the following committees and the governor shall hold a joint open meeting to review the goals the board sets under Subsection (1)(a)(ii):

   1. (a) the Executive Appropriations Committee;
   2. (b) the Higher Education Appropriations Subcommittee; and
   3. (c) the Education Interim Committee.

Renumbered and Amended by Chapter 8, 2025 Special Session 1