Higher educational institutions, public; governing boards, tuition and mandatory fee rates.

Requires the governing board of each public institution of higher education, prior to a vote on an increase in undergraduate tuition or mandatory fees, to permit public comment on the proposed increase at a meeting of the governing board. The bill requires each such governing board to establish policies for such public comment, which may include reasonable time limitations. The bill requires each such governing board to provide, at any meeting at which it approves an increase in undergraduate tuition and mandatory fees, an explanation of any deviation from the project range of the planned increase in such tuition and fees that it previously provided to students and the public. The bill requires the State Council of Higher Education for Virginia to provide to the Governor and the Chairmen of the House Committee on Appropriations, the House Committee on Education, the Senate Committee on Education and Health, and the Senate Committee on Finance an annual report on any increase in undergraduate tuition and mandatory fees at a public institution of higher education, the public comment relating to such increase in undergraduate tuition and mandatory fees, and any deviation in the increase in undergraduate tuition and mandatory fees from the increase projected in the institutional six-year plan.