republic-os/legislation/us/states/in/2022/sb-366.md

---
type: "Bill"
title: "Higher education funding."
description: "Requires the commission to create a higher educational operating funding outcomes based formula (funding formula) in each year prior to a budget session of the general assembly. Provides that the commission shall (not may) develop a long range plan for postsecondary education. Requires the commission to take: (1) reducing the financial burden on students and their families for postsecondary education; (2) the impact on economic development; and (3) the funding formula; into account in developing the long range plan. Requires the commission to present to the budget committee a summary of the legislative requests of all state educational institutions and the commission's recommendations concerning operations, capital projects, and financial aid. Requires the commission to biannually measure and make findings on the progress of each state educational institution in meeting the goals of the commission's long range plan as those goals pertain to the funding formula and include the findings in its presentation to the budget committee. Requires the commission to present the funding formula created by the commission to the budget committee. Requires the commission to biannually engage a third party examiner to audit the data submitted by each state educational institution for use within the funding formula and submit a copy of each audit report to the audit and financial reporting subcommittee of the legislative council. Requires the commission to present recommendations for the funding of state educational institution capital projects to the budget committee."
jurisdiction: "us/states/in"
legislature: "Indiana General Assembly"
session: "2022"
identifier: "SB 366"
citation: "Indiana SB 366 (2022)"
classification: ["bill"]
subjects: ["HIGHER EDUCATION", "Colleges and Universities", "PUBLIC FUNDS", "PUBLIC WORKS AND IMPROVEMENTS; PUBLIC BUILDINGS; PUBLIC PROPERTY"]
status: "enacted"
primary_sponsors: ["Eric Bassler", "Jon Ford", "Timothy Brown"]
version_count: 5
action_count: 25
vote_count: 1
first_action: "2022-01-11"
last_action: "2022-03-10"
source: "openstates"
source_identifier: "ocd-bill/54d42dd3-d719-4636-ab7a-fbc886898a9a"
source_url: "http://iga.in.gov/legislative/2022/bills/senate/366"
source_hash: "642dc33594bb515db5cc117f43778630c796660918bab415c96460ca1aedf49a"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-in"]
---

# Indiana SB 366 (2022) — Higher education funding.

Requires the commission to create a higher educational operating funding outcomes based formula (funding formula) in each year prior to a budget session of the general assembly. Provides that the commission shall (not may) develop a long range plan for postsecondary education. Requires the commission to take: (1) reducing the financial burden on students and their families for postsecondary education; (2) the impact on economic development; and (3) the funding formula; into account in developing the long range plan. Requires the commission to present to the budget committee a summary of the legislative requests of all state educational institutions and the commission's recommendations concerning operations, capital projects, and financial aid. Requires the commission to biannually measure and make findings on the progress of each state educational institution in meeting the goals of the commission's long range plan as those goals pertain to the funding formula and include the findings in its presentation to the budget committee. Requires the commission to present the funding formula created by the commission to the budget committee. Requires the commission to biannually engage a third party examiner to audit the data submitted by each state educational institution for use within the funding formula and submit a copy of each audit report to the audit and financial reporting subcommittee of the legislative council. Requires the commission to present recommendations for the funding of state educational institution capital projects to the budget committee.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Engrossed Senate Bill (S)** (committee substitute) — [source](http://in-proxy.openstates.org/2022/bills/SB0366/versions/SB0366.03.ENGS)
2. **Enrolled Senate Bill (S)** (committee substitute) — [source](http://in-proxy.openstates.org/2022/bills/SB0366/versions/SB0366.05.ENRH)
3. **Introduced Senate Bill (S)** (committee substitute) — [source](http://in-proxy.openstates.org/2022/bills/SB0366/versions/SB0366.01.INTR)
4. **Senate Bill (H)** (committee substitute) — [source](http://in-proxy.openstates.org/2022/bills/SB0366/versions/SB0366.04.COMH)
5. **Senate Bill (S)** (committee substitute) — [source](http://in-proxy.openstates.org/2022/bills/SB0366/versions/SB0366.02.COMS)

## Votes

- SB 366 - Brown, T. - 3rd Reading — **92–0** (pass) · lower

## Sponsors

- Eric Bassler — primary (person)
- Jon Ford — primary (person)
- Timothy Brown — primary (person)
- Gregory Porter — cosponsor (person)
- Robert Heaton — cosponsor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2022-01-11** Authored by Senator Bassler
- **2022-01-11** First reading: referred to Committee on Appropriations `reading-1, referral-committee`
- **2022-01-12** Senator Ford Jon added as second author
- **2022-01-20** Committee report: amend do pass, adopted `committee-passage`
- **2022-01-25** Amendment #1 (Bassler) prevailed; voice vote `amendment-failure, amendment-passage`
- **2022-01-25** Second reading: amended, ordered engrossed `reading-2`
- **2022-01-27** Third reading: passed; Roll Call 94: yeas 46, nays 0 `passage, reading-3`
- **2022-01-27** House sponsor: Representative Brown T
- **2022-01-27** Cosponsor: Representative Heaton
- **2022-01-28** Referred to the House
- **2022-02-01** First reading: referred to Committee on Ways and Means `reading-1, referral-committee`
- **2022-02-10** Committee report: amend do pass, adopted `committee-passage`
- **2022-02-10** Representative Porter added as cosponsor
- **2022-02-14** Second reading: ordered engrossed `reading-2`
- **2022-02-15** Third reading: passed; Roll Call 194: yeas 92, nays 0 `passage, reading-3`
- **2022-02-16** Returned to the Senate with amendments `amendment-failure`
- **2022-02-22** Motion to concur filed
- **2022-02-24** Concurrence withdrawn
- **2022-02-28** Motion to concur filed
- **2022-03-02** Senate concurred in House amendments; Roll Call 326: yeas 46, nays 0 `amendment-failure`
- **2022-03-07** Signed by the President Pro Tempore
- **2022-03-08** Signed by the Speaker
- **2022-03-09** Signed by the President of the Senate
- **2022-03-10** Signed by the Governor `executive-signature`
- **2022-03-10** Public Law 66

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/54d42dd3-d719-4636-ab7a-fbc886898a9a`. Confidence: reported (aggregated from official Indiana legislature records).