Honorable Judith Zaffirini, Chair, Senate Committee on S/C on Higher Education
FROM:
John S. O'Brien, Director, Legislative Budget Board
IN RE:
SB554 by Shapleigh (Relating to contracts entered into for the employment of a chief executive officer of a public institution of higher education.), As Introduced
No significant fiscal implication to the State is anticipated.
Under provisions of the bill, the employment contract of the president or other chief executive officer of an institution of higher education must provide for an annual evaluation of the president's or other officer's performance. The evaluation must include consideration of changes in graduation rates of the institution's students during the evaluation period. For a general academic teaching institution other than a public state college, the evaluation must include consideration of four-year and six-year undergraduate graduation rates. The Higher Education Institutions would implement provisions of the bill within existing resources.
Local Government Impact
No fiscal implication to units of local government is anticipated.