IL HB4841

Requires collective bargaining agreements between public/educational employers and employees to be published on the employer's website and subject to an open public meeting on ratification at least 14 days after publication before being finalized.

Mandates that any individual public employee contract exceeding $150,000 in total compensation be published on the employer's website for at least 14 days prior to execution, with an additional open public meeting required if the contract needs board approval.

Requires certain collective bargaining ratification meetings to be held as open public meetings under the Open Meetings Act, exempting them from the closed-session exception previously allowing collective bargaining negotiations to remain private.

Specifies that rejection of a collective bargaining agreement by either the employer or employee representative shall not constitute an unfair labor practice.

Makes conforming amendments to the Open Meetings Act and Freedom of Information Act to reflect that final collective bargaining agreements must be public and subject to ratification meetings.