University of California: employee compensation: report.

Existing law establishes the Regents of the University of California and provides for the administration of the university by the regents. Existing law authorizes the regents to meet in closed session for certain purposes, including to consider or discuss matters concerning the appointment, employment, performance, or dismissal of university officers or employees, excluding individual regents other than the president of the university. However, existing law requires that action taken by a committee of the regents, and final action by the full board of regents, on a proposal for the compensation package of specified executive officers occur in an open session of each of those bodies and include a disclosure of the compensation package and rationale for the action. This bill would require the regents, on or before July 1 of each year, to submit a report to the Legislature describing expenditures on compensation packages and retirement benefits for employees and officers of the university and identifying the sources of funds for those exepnditures. The bill would express the intent of the Legislature that the appropriate policy committee of the Assembly or the Senate, or both, hold a hearing each year regarding the report.