Higher educational institutions; employee salaries from state funds. (HB474)

Introduced By

Del. Dave Albo (R-Springfield)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Higher education; employee salaries.  Provides that the governing bodies of the public institutions of higher education shall not pay an employee a salary from state funds that is greater than 125 percent of the salary of the Governor of the Commonwealth. Read the Bill »


Bill Has Failed


01/10/2012Prefiled and ordered printed; offered 01/11/12 12103748D
01/10/2012Referred to Committee on Education
01/13/2012Assigned Education sub: Higher Education and Arts
01/17/2012Subcommittee recommends striking from docket
02/08/2012Stricken from docket by Education


Waldo Jaquith writes:

Last I checked, Virginia's governor makes $166,000/year. 125% of that is $207,500.

Why only cap the salary of university employees? Charles Grant, the chief investment officer of the Virginia Retirement System, makes $733,500. He's the top paid state employee. Why should he be able to make that much, but not the chief investment officer at Virginia Tech? After all, that's simply the cost of getting a really great CIO. What kind of a CIO do you think VRS could get for less than a third of that salary, and how would VRS's return on investment be affected as a result? The head coach of the men's basketball team at GMU, Paul Hewitt, makes $659,750. I suspect that's more than offset by income from the men's basketball team. What sort of a coach could GMU get for $207,500?

Why 125%? Why not 75%? Or 500%? What about positions that are partially state funded and partially locally funded? This law would appear to prohibit salaries in excess of $207,500 if even one dollar came from state funding. Is that the intent?

Yeoman Bureaucrat writes:

I see that this one has failed. Good riddance.