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TX SB550

Bill

Status

Introduced

12/6/2024

Primary Sponsor

Lois Kolkhorst

Click for details

Origin

Senate

89th Legislature Regular Session

AI Summary

  • Requires Texas public institutions of higher education to post annual reports by December 1 disclosing names and compensation of all employees and independent contractors earning over $100,000 per year

  • Reports must follow the same format as administrative accountability reports submitted to the Legislative Budget Board and be accessible via a conspicuous link on the institution's homepage

  • Commissioner of higher education may grant exemptions from disclosure if information is confidential under state or federal law, or if disclosure poses substantial risk of serious competitive disadvantage to the institution

  • Texas Higher Education Coordinating Board is authorized to adopt rules to implement the requirements

  • Initial reports must be posted by December 1, 2025; act takes effect immediately with two-thirds vote or September 1, 2025 otherwise

Legislative Description

Relating to requiring public institutions of higher education to post information regarding the compensation of certain employees and independent contractors on the institution's Internet website.

Education

Last Action

Referred to Education K-16

2/3/2025

Committee Referrals

Education K-162/3/2025

Full Bill Text

No bill text available