§18B-23-5. Efficiency-based matching contributions.

(a) The commission may certify verified cost savings realized by an eligible institution at the close of a fiscal year.

(b) Subject to appropriation, the eligible institution may provide matching contributions to a women’s athletics endowment based upon verified cost savings.

(c) Matching contributions shall be subject to annual caps established by the Legislature.

(d) Savings eligible for matching under this section may not result from reductions in academic programs, faculty positions, essential student services, or actions impairing compliance with federal Title IX requirements.