Higher education management agreements; JLARC to perform compliance review.

Study JLARC; compliance reviews; higher educationmanagement agreements; report. Directs the Joint LegislativeAudit and Review Commission to perform compliance reviews of the management agreements between the Commonwealth and The College ofWilliam and Mary in Virginia, James Madison University, the Universityof Virginia, Virginia Commonwealth University, and Virginia PolytechnicInstitute and State University that were entered into pursuant tothe Restructured Higher Education Financial and Administrative OperationsAct of 2005 (the Restructuring Act) and to make recommendations forany amendment to any such management agreement that it deems necessaryto ensure compliance with the provisions of the Restructuring Act.