(1) The governing board of control of a public 4-year institution of higher education created under article VIII of the state constitution of 1963 may grant the public safety officers of the institution the same powers and authority as are granted by law to peace and police officers to enable the public safety officers to enforce state law and the ordinances and regulations of the institution of higher education. Public safety officers to whom the powers and authority of peace and police officers are granted under this section shall be considered peace officers of this state and shall have the authority of police officers provided under the Michigan vehicle code, Act No. 300 of the Public Acts of 1949, being section 257.1 to 257.923 of the Michigan Compiled Laws.

  (2) The determination by a governing board of control of an institution of higher education whether to grant the powers and authority described in subsection (1) to the public safety officers of the institution shall be made only after the governing board of control has held not less than 2 public hearings regarding that determination.

  (3) The governing board of control of an institution of higher education shall not grant the powers and authority described in subsection (1) to the public safety officers of the institution unless, before those powers and authority are granted, the governing board provides for the establishment of a public safety department oversight committee. The committee shall be comprised of individuals nominated and elected by the faculty, students, and staff of the institution. The committee shall include 2 students, 2 members of the faculty, and 2 members of the staff. The committee shall receive and address grievances by persons against the public safety officers or the public safety department of the institution. The committee may recommend to the institution that disciplinary measures be taken by the institution against a public safety officer who is found responsible for misconduct in office.