§ 17:3138.9 — Louisiana Cybersecurity Talent Initiative Fund; Cybersecurity Education

Louisiana § 17:3138.9

• Jurisdiction: Louisiana
• Title 17: Credit Union Law

Text

§3138.9. Louisiana Cybersecurity Talent Initiative Fund; Cybersecurity Education
Management Council
A.(1) The Louisiana Cybersecurity Talent Initiative Fund, referred to in this Section
as the "fund", is hereby created within the state treasury as a special fund for the purpose of
funding degree and certificate programs in cybersecurity fields offered by public
postsecondary education institutions in order to meet the state's workforce needs.
(2) Any money donated to the fund or appropriated to the fund by the legislature
shall be deposited in the fund. Monies in the fund shall be invested in the same manner as
monies in the general fund. Interest earned on investment of monies in the fund shall be
credited to the fund. Unexpended and unencumbered monies in the fund at the end of the
fiscal year shall remain in the fund.
(3) Monies in the fund shall be appropriated to the Board of Regents to be distributed
to public postsecondary education institutions.
(4) The funds distributed pursuant to this Section shall be used by the institutions for
expansion of cybersecurity programs. Any funds distributed to an institution that remain
unexpended or unobligated at the end of the fiscal year shall be available for use in the
subsequent fiscal year by an institution for such purpose.
(5) Funding shall be distributed by the Board of Regents to the public postsecondary
education management boards only upon the certification by such a board, on behalf of the
receiving institution, that a match of no less than twenty-five percent of the amount of
funding to be distributed has been guaranteed by a private entity. The certification shall detail
the type of private match to be provided, which may include but is not limited to cash; in-kind donations of technology, personnel, construction materials, facility modification, or
corporeal property; internships; scholarships; sponsorship of staff or faculty; or faculty
endowment.
(6) The fund is in addition to, and separate from, monies appropriated or allocated
to any public postsecondary education management board. Allocations from the fund shall
not be included in the Board of Regents' funding formula calculation, nor shall they supplant
any state general fund allocations to institutions. The availability of the fund shall not in any
way substitute, limit, or otherwise affect the allocation of any funds otherwise available to
those institutions under state or federal laws.
B.(1) The Cybersecurity Education Management Council, referred to in this Section
as the "council", is hereby created under the auspices of the Board of Regents for the purpose
of advising and making recommendations to the board with respect to distributions from the
fund.
(2) The council annually shall review the list of degree and certificate programs upon
which the distribution is based and the final distribution amounts.
(3)(a) The council membership shall be as follows, and any member selecting a
designee shall select the designee from his respective system, agency, office, or association,
as applicable:
(i) Two members appointed by the governor.
(ii) The commissioner of higher education or his designee.
(iii) A representative of the state Department of Education with expertise in science,
technology, engineering, and mathematics education appointed by the state superintendent
of education.
(iv) The president of the Louisiana Chemical Association or his designee.
(v) The president of the Louisiana State University System or his designee.
(vi) The president of the Southern University System or his designee.
(vii) The president of the University of Louisiana System or his designee.
(viii) The president of the Louisiana Community and Technical College System or
his designee.
(ix) The secretary of Louisiana Works or his designee.
(x) The secretary of Louisiana Economic Development or his designee.
(b) A vacancy in the membership of the council shall be filled in the same manner
as the original appointment.
(c) The members of the council shall elect a chairman, vice chairman, and other
officers as they consider necessary.
(d) The members of the council shall serve without compensation, but they shall be
reimbursed for actual expenses, including travel expenses, to the extent that funds are made
available for such purpose.
(e) The council shall meet at least quarterly according to a schedule it establishes.
Special meetings shall be held on call of the chairman or of a quorum of the members of the
council. For all regular or special meetings, the chairman or other members calling the
meeting shall give at least seven days notice to the members of the council of the time and
place where the meeting will be held. A majority of the members of the council shall
constitute a quorum for the transaction of any and all business.
(f) The council shall be domiciled in Baton Rouge but may hold public meetings
elsewhere in the state.
C. The Board of Regents annually shall submit a report to the Senate Committee on
Education, the Senate Committee on Finance, the House Committee on Education, and the
House Committee on Appropriations. The report shall include the distribution method, the
list of degree and certificate programs upon which the distribution is based, the final
distribution amounts, the number of jobs created as a result of the distribution, and the
method and data used to determine the reported number of jobs created. Each public
postsecondary education management board shall report to the Board of Regents the
information necessary for the Board of Regents to satisfy the requirements of this Subsection.

Legislative History

Acts 2020, No. 57, §1.