|(a) All baccalaureate degree programs offered at public
junior colleges must comply with the provisions of this subchapter.
(b) A public junior college offering a baccalaureate
degree program under this subchapter must meet all applicable accreditation
requirements of the Southern Association of Colleges and Schools Commission
on Colleges of a Level II institution.
(c) A public junior college district offering a baccalaureate
degree program may not offer more than three baccalaureate degree
programs at any time unless the institution previously participated
in a pilot project to offer baccalaureate degree as defined in §9.672(10)
of this subchapter not-withstanding if accredited as a single institution
or as separate institutions within a district.
(d) A public junior college may be approved to offer
a baccalaureate degree program under this subchapter only if its junior
(1) has a taxable property valuation of not less than
$6 billion based on the preceding year's calculations as determined
by the county's appraisal district. This valuation shall include the
valuation of the taxing district as well as any branch campus maintenance
tax valuations; and
(2) has received a positive assessment of the overall
financial health, as defined in §9.672 of this subchapter, on
the most recent Community College Financial Condition Report. If changes
to financial reporting, mandated by external financial governing bodies
as defined in §9.672 of this subchapter directing financial reporting
processes, or other extraordinary factors have a short-term impact
to the assessment of the financial health of the institution, the
Coordinating Board may, at the Commissioner's discretion:
(A) Use the most recent report not impacted by the
mandated changes; or
(B) Calculate the financial health correcting for the
mandated changes or extraordinary factors.
(e) Offering a baccalaureate degree program under this
subchapter does not otherwise alter the role and mission of a public
(f) Degree programs offered under this subchapter are
subject to the continuing approval of the coordinating board.