Bill Summaries: S593 (2015-2016 Session)

Tracking:
  • Summary date: Mar 30 2015 - View summary

    Amends GS 116-11 concerning the powers and duties of the Board of Governors (Board) adding language that requires the Board to adopt a policy that requires all professors teaching in the UNC system to teach at least eight classes per academic year. Requires the salary of teachers that teach less than this required amount to be reduced on a pro rata basis. Allows salaries to be supplemented by the school's endowment fund. Requires the adopted policy to also provide for an annual independent audit of each institution to determine compliance.

    Amends GS 116-36(b) concerning the endowment funds of UNC constituent institutions, adding language that allows constituent institutions to use the proceeds of the endowment fund to supplement the salary of a professor that has been reduced pursuant to the provisions above.

    Effective when the becomes law, applying to academic years beginning on or after July 1, 2015.