Requires certain institutions of higher education to make annual payment to municipality.

This bill requires public and independent colleges and universities with over 2,000 full-time equivalent students to pay an annual community service fee to the municipality where their main campus is located. The fee, calculated using a formula based on on-campus and commuter student enrollment (starting at $100 per student, adjusted annually for inflation), must fund local services like police, fire, emergency medical, traffic control, and event management directly impacted by the institution. Institutions may receive up to 50% credit toward their fee by providing direct community benefits (e.g., local public safety funding or scholarships for residents), and those with campus police departments get a 50% reduction in the law enforcement portion of the fee. The municipality must deposit all fees into a dedicated fund and transfer 5% of total collections to the county.