A resolution to propose to the people of the State of California an amendment to the Constitution of the State, by amending Section 9 of Article IX thereof, relating to the University of California.

The California Constitution constitutes the University of California as a public trust to be administered by the Regents of the University of California with full powers of organization and government, subject only to specified legislative control. Existing law requires the meetings of the regents to be public with exceptions and notice requirements as may be provided by statute. Existing law states the intent of the Legislature that any proposal relating to the salary, benefits, perquisites, severance payments, as specified, or retirement benefits, or any other form of compensation paid to an officer of the University of California shall not become effective unless notice of the meeting at which the proposal is to be considered has been given to each regent and information and materials regarding the proposal, including a full disclosure of the fiscal impact, have been made available to each regent in advance. This measure would prohibit any employee of the University of California who receives any financial benefit with a value in excess of $50,000 as part of a temporary voluntary separation program, as defined, from the University of California from thereafter being employed by, or contracting for personal services with, the university, in any compensated capacity, unless the person returns the entire financial benefit.