SEC. 2.
(a) The Regents of the University of California are requested to not increase the monetary compensation of, or approve payment of a monetary bonus to, any an executive officer within two years of a fiscal year in which either of the following occurs:(1) Mandatory systemwide student fees of the University of California are increased from the amount of mandatory systemwide student fees charged in the immediately preceding fiscal year.
(2) The amount of General Fund moneys appropriated to the University of California in the annual Budget Act is less than, or equal to, the amount of General Fund moneys appropriated to the University of California in the immediately preceding fiscal year.
(b) The regents are requested to not provide monetary compensation to an incoming executive officer that exceeds 105 percent of the monetary compensation of the immediately preceding executive officer of the same classification who the incoming executive officer is replacing.
(c) As used in this section, the following terms have the following meanings:
(1) “Executive officer” includes, but is not limited to, the President of the University of California, the chancellor of an individual campus, the chief
executive officer of a university hospital or medical center, a vice president of the university, the treasurer of the university, the assistant treasurer of the university, the general counsel of the university, and the regents’ secretary.
(2) “Monetary compensation” includes, but is not limited to, a salary, a vehicle allowance, and a housing allowance.
(d) Subdivisions (a) and (b) shall apply only to executive officers who enter into or renew a contract for employment with the University of California on or after January 1, 2014.
(e) This section shall remain in effect only until January 1, 2024, and as of that date is repealed, unless a later enacted statute, that is enacted before January 1, 2024, deletes or extends that date.