Today's Law As Amended

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AB-930 California State University: executive compensation: campus budget quarterly reporting.(2019-2020)



SECTION 1.

 Section 66602.7 of the Education Code is amended to read:

66602.7.
 Notwithstanding Article 9 (commencing with Section 11120) of Chapter 1 of Part 1 of Division 3 of Title 2 of the Government Code:
(a) (1) Action taken by a committee of the trustees and final action by the full board of trustees, on a proposal for the compensation package of the following executive officers shall occur in an open session of each of those bodies, and shall include a disclosure of the compensation package and rationale for the action:
(A) The Chancellor of the California State University.
(B) The president of an individual campus.
(C) A vice chancellor.
(D) The treasurer.
(E) The general counsel.
(F) The trustees’ secretary.
(2) Members of the public shall be afforded the opportunity to address the committee and full board on the proposal during or before consideration of the action item.
(3) A compensation increase, or a change to policies and procedures relating to executive compensation, pursuant to paragraph (1) shall not be adopted unless all of the following conditions, as applicable, are satisfied:
(A) The proposed increase is included as an informational item on the board’s meeting agenda, including the amount of the increase, the source of funding for the increase, and the rationale for the increase.
(B) The proposed change to policies and procedures relating to executive compensation is included as an informational item on the board’s meeting agenda, including the source and rationale for the change.
(C) An increase proposed pursuant to subparagraph (A), or change to policies and procedures pursuant to subparagraph (B), is placed on the agenda at the next consecutive quarterly board meeting, and is subject to a public vote.
(b) Discussion by a committee of the trustees of, and action on, an executive compensation program or policy, and any final action by the full board of trustees on that program or policy, shall occur in open session of each of those bodies.
(c) Compensation for the principal officers of the trustees and the officers of the university shall include salary, benefits, perquisites, severance payments (except those made in connection with a dismissal or a litigation settlement), retirement benefits, or any other form of compensation.
(d) An executive compensation increase shall not be approved in a year in which there is a tuition increase.

SEC. 2.

 Section 89292 is added to the Education Code, to read:

89292.
 The Office of the Chancellor of the California State University shall require each campus to annually prepare a comparison of the campus’ budget to its actual spending levels, including a summary report of its expenditures of state appropriations received for the academic year, and to submit 2 years of comparisons and summary reports to the chancellor’s office on or before January 15, 2022, and on or before January 15 biennially thereafter. The chancellor’s office shall compile each of these campus-based reports, prepare a systemwide report, and submit the report to the Legislature, pursuant to Section 9795 of the Government Code, and the Department of Finance on or before March 31, 2022, and on or before March 31 biennially thereafter.