Illinois Senate Bill 1655 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 20 2015 - 25% progression, died in committee
Action: 2015-10-10 - Senate Committee Amendment No. 1 Pursuant to Senate Rule 3-9(b) / Referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]

Creates the Higher Education Executive Compensation Oversight Act. Provides that before the board of trustees of a community college district may enter into or amend a severance agreement with the president of a community college, the board must provide public notice of the severance agreement. Allows a petition to be filed objecting to the terms of the severance agreement, signed by 5% of the eligible voters that reside within the district. Provides that if such a petition is filed, the severance agreement is null and void. Provides that before the board of trustees of a public university may enter into or amend a severance agreement with an executive of the university, the board must provide public notice of the severance agreement and must submit the severance agreement to various committees of the General Assembly. Provides that the committees shall have 30 calendar days to review the severance agreement, and the severance agreement shall not become effective if, within 30 calendar days after its delivery to the committees, either chamber of the General Assembly disapproves the severance agreement. Provides that a severance agreement not so disapproved shall become effective by its terms, but not less than 30 calendar days after its delivery to the committees. Allows a board to enter into an executive severance agreement only if it has been reviewed by the committees and not otherwise disapproved. Effective immediately.

HIGHER ED-EXEC COMPENSATION

Sen. Thomas Cullerton [D]

Date	Chamber	Action
2015-10-10	Senate	Senate Committee Amendment No. 1 Pursuant to Senate Rule 3-9(b) / Referred to Assignments
2015-10-10	Senate	Pursuant to Senate Rule 3-9(b) / Referred to Assignments
2015-05-15	Senate	Rule 2-10 Committee/3rd Reading Deadline Established As May 31, 2015
2015-04-24	Senate	Rule 2-10 Committee/3rd Reading Deadline Established As May 15, 2015
2015-03-27	Senate	Rule 2-10 Committee Deadline Established As April 24, 2015
2015-03-24	Senate	Senate Committee Amendment No. 1 Assignments Refers to Higher Education
2015-03-20	Senate	Senate Committee Amendment No. 1 Referred to Assignments
2015-03-20	Senate	Senate Committee Amendment No. 1 Filed with Secretary by Sen. Thomas Cullerton
2015-03-18	Senate	To Subcommittee on Public Higher Education Executive Compensation
2015-03-11	Senate	Assigned to Higher Education
2015-02-20	Senate	Referred to Assignments
2015-02-20	Senate	First Reading
2015-02-20	Senate	Filed with Secretary by Sen. Thomas Cullerton

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1655&GAID=13&DocTypeID=SB&SessionID=88&GA=99
Text	https://www.ilga.gov/legislation/99/SB/09900SB1655.htm
Amendment	https://www.ilga.gov/legislation/99/SB/09900SB1655sam001.htm