This bill aims to enhance transparency and accountability in compensation practices at Nebraska public postsecondary institutions by mandating the collection and reporting of salary and benefits data. The legislation defines key terms such as "administrator," "adjunct faculty," and "instructional faculty," and outlines the responsibilities of both the institutions and the Coordinating Commission for Postsecondary Education. Starting July 1, 2026, the commission will collect data annually from these institutions, which must include information on various employee groups, including administrators and both full-time and adjunct faculty.

The collected data will encompass average salaries, employer-paid benefits, and other relevant metrics, ensuring that the information is reported in a standardized format for consistency and comparability. The commission is tasked with compiling, verifying, and publicly sharing this data in an aggregated format while protecting individual employee identities. The bill also allows the commission to establish rules and regulations to facilitate its implementation, and it declares an emergency for immediate effect upon passage.