Bill Title: Amends the Government Severance Pay Act. Modifies the definition of "severance pay" to apply to a university president or chancellor who is transitioning to a new position within the university for which he or she is employed, but excluding interim presidents and interim chancellors. Provides that a contract containing a severance pay provision must include, among other requirements, a requirement that if a provision to transition into a different position is included in a university president's or chancellor's contract, then the contract must include specified provisions. Amends the Board of Higher Education Act. Requires, beginning July 1, 2022, the Board of Higher Education to create and maintain on its Internet website an online trustee resource center that shall include specified information. Defines "Department". Effective immediately.

Sponsorship: Partisan Bill (Democrat 2)

Status: (Passed) 2021-08-13 - Public Act . . . . . . . . . 102-0378 [SB2240 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Chaptered	2021-08-16	HTML/Text	Link	View
Enrolled	2021-05-21	HTML/Text	Link	View
Engrossed	2021-04-23	HTML/Text	Link	View
Introduced	2021-02-26	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Illinois SB2240

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois SB2240 currently on file.