Relating to: funding sources for certain private postsecondary schools and granting rule-making authority.

SB 630 requires private postsecondary schools enrolling Wisconsin residents to derive at least 20% of their annual revenue from non-federal sources in 2 of their last 3 fiscal years. This rule directly affects private colleges and universities in Wisconsin that seek to enroll state residents. The bill establishes a clear funding threshold to ensure schools have diversified revenue streams beyond federal education assistance. The Wisconsin Department of Public Instruction will create rules to implement this requirement, which takes effect for the 2028-29 academic year.