An act relating to the governance and transformation of the Vermont State Colleges Corporation

This bill restructures the governance of the Vermont State Colleges Corporation by eliminating the Chancellor position and reducing the number of legislative trustees on the Board of Trustees from two to one, while adding one faculty trustee and one staff trustee. The changes shift representation on the board to include more voices from the college community, with the student trustee being elected by students and the faculty and staff trustees being appointed by their respective unions. Additionally, the bill proposes reducing required structural deficit reductions for fiscal years 2025 and 2026 and includes various updates to related state statutes to align with these governance changes.