BD HIGHER ED-REDUCE PROG-CAP

Amends the Board of Higher Education Act. Provides that, following notification to and a period of consultation with the appropriate board of control, the Board of Higher Education is authorized to take action on the dissolution or reduce in scope any and all existing programs of instruction, research, or public service that the Board finds to lack educational or economical justification at the public universities and community colleges. Requires each public university and community college to submit its plan for capital improvements of non-instructional facilities to the Board for approval before final commitments are made only if the total cost of the project as approved by the institution's board of control is in excess of $2 million.