Relating to setting the costs of attending public universities; and declaring an emergency.

Requires each public university to establish advisory body to advise university president on recommendations to governing board regarding resident tuition and mandatory enrollment fees. Requires public university to provide specified training and information to advisory body. Requires advisory body to document consideration of specified impacts of recommended resident tuition and mandatory enrollment fees before making recommendation to president of university to increase resident tuition and mandatory enrollment fees by more than five percent annually . Requires advisory body to provide meaningful opportunities to participate in process and deliberation of advisory body to recognized student government and other students enrolled at public university. Requires advisory body to provide written report to president of university setting forth recommendations, deliberations and observations of advisory body regarding resident tuition and mandatory enrollment fees. Specifies contents of report. Requires governing board to receive and consider written reports from advisory body when determining tuition and mandatory enrollment fees. Provides that if Higher Education Coordinating Commission must approve request by governing board to increase total of resident tuition and mandatory enrollment fees for undergraduate resident students by more than five percent, that public university will provide commission with written reports from advisory body and any other information or materials commission determines are necessary for commission to reach determination. Declares emergency, effective on passage.