Bill Title: Amends the Public Community College Act and various Acts relating to the governance of public universities in Illinois. Provides that, with respect to public university audits made by the Auditor General, a board of trustees shall reduce the base salary of the president of the university by 10% for each significant finding in an audit report that is not resolved within one year after receiving the final audit report. Provides that, with respect to community college audits made by an auditor, a board of trustees shall reduce the base salary of the president or chief executive officer of the community college by 10% for each significant finding in an audit report that is not resolved within one year after receiving the final audit report.

Sponsorship: Partisan Bill (Democrat 1)

Status: (Failed) 2013-01-08 - Session Sine Die [SB0121 Detail]

Text: Latest bill text (Introduced) [HTML]

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