An Act amending the act of March 10, 1949 (P.L.30, No.14), known as the Public School Code of 1949, in institutions of higher education, abolishing the State Board of Higher Education and its powers and duties; further providing for Performance-based Funding Council and for public institution of higher education reporting; and providing for reversion of certain powers and duties of the State Board of Higher Education to the State Board of Education and Council of Higher Education.

This bill abolishes Pennsylvania's State Board of Higher Education and replaces it with a new Performance-based Funding Council to oversee public colleges and universities. The council will consist of representatives from state universities, community colleges, independent institutions, labor unions, businesses, and students, along with state officials from education and labor departments. Key provisions include shifting certain oversight duties to the State Board of Education and Council of Higher Education, while establishing new reporting requirements for public institutions of higher education. The legislation aims to restructure how Pennsylvania manages and funds its public higher education system through a new governance framework.