AZ HB2187

Amends Arizona Revised Statutes section 15-1626 to cap university president annual compensation at twenty times the annual salary of state legislature members (currently $24,000 per year per ARS 41-1103, equaling a $480,000 cap).

Applies the compensation cap to all employment contracts entered into or renewed after the bill's effective date, with existing contracts grandfathered in.

Makes technical corrections to statutory language regarding board governance authority and delegation powers.

Clarifies board authority to rescind delegations of administrative power to university presidents and other entities.