(1) By September 1 of each even-numbered year the Oregon Health and Science University shall submit to the Oregon Department of Administrative Services a funding request for each biennium. The Oregon Department of Administrative Services shall include and submit a university funding request to the Legislative Assembly as part of the Governor’s budget. Any such request approved by the Legislative Assembly shall be appropriated to the Higher Education Coordinating Commission for direct allocation to the university. The university funding request to the Legislative Assembly shall include a presentation on tuition and student fee levels.

(2) The university funding request shall be prepared in accordance with generally accepted accounting principles and adopted by the Oregon Health and Science University Board of Directors in accordance with ORS § 192.610 to 192.705. [1995 c.162 § 13; 2015 c.171 § 2; 2016 c.117 § 60]