IL SB0150

Creates the Public University Administrative Cost Decrease Act requiring all public universities to submit annual cost certifications documenting administrative spending levels to the General Assembly, Governor, Auditor General, and Board of Higher Education by January 31 each year beginning in 2020.

Prohibits university Boards of Trustees from enacting budget increases in tuition or fees above 2017-2018 levels starting in the 2020-2021 academic year unless the Auditor General verifies a 25% decrease in administrative costs in the certification submitted that same calendar year.

Defines "administrator" as employees in executive, administrative, and managerial roles planning and directing the university, excluding employees who spend 50% or more time teaching.

Applies to Chicago State University, Eastern Illinois University, Governors State University, Illinois State University, Northeastern Illinois University, Northern Illinois University, Southern Illinois University, Western Illinois University, University of Illinois, and any other public university established by the General Assembly.

Amends the Illinois State Auditing Act to authorize the Auditor General to verify the cost certifications submitted by public universities under this Act and report findings to the General Assembly, Governor, and Board of Higher Education.