Texas SB550 requires public institutions of higher education to annually disclose employee and contractor compensation over $100,000 on their.
Texas SB550 mandates that public institutions of higher education post an annual report on their websites detailing the names and compensation of employees and independent contractors earning over $100,000. The report must follow the format of administrative accountability reports and be easily accessible. Exemptions can be granted if the information is confidential or if disclosure poses a competitive risk. The Texas Higher Education Coordinating Board can implement necessary rules. The initial report is due by December 1, 2025.
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