An act relating to creating term limits for individuals holding the positions of trustee and chancellor within the Vermont State Colleges Corporation

This bill establishes eight-year term limits for both trustees and the chancellor of the Vermont State Colleges Corporation. It directly affects the 15-member Board of Trustees and the chancellor, who currently serve without fixed term limits. The legislation amends state law to prevent individuals from serving more than eight consecutive years in either role, with specific transition rules for those already serving long terms. Current trustees who have served eight or more years can finish their current terms but cannot be reappointed, while the chancellor's term ends September 1, 2024 if they have already served eight years. The changes take effect on July 1, 2024.