Illinois HB2936 amends the School Code to limit administrative expenditures and restrict payments for rescinding employment contracts.
HB2936 amends the School Code to establish a 5% limit on the annual increase in administrative expenditures for school districts. It also prohibits districts from entering into agreements that rescind employment contracts with administrative employees in exchange for payments exceeding six times the employee's monthly salary due to unsatisfactory performance. The bill allows for waivers of the expenditure limit under certain conditions and requires districts to report administrative expenditures annually.
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