Requires approval of the salary plan for the chancellors, presidents and senior staffs of the state university of New York and the city university of New York by the chairs of the senate finance committee and the assembly ways and means committee and the director of the budget.

This bill requires that the salary plans for top officials at the State University of New York (SUNY) and the City University of New York (CUNY) be approved by specific legislative leaders and the budget director. This means that before any salaries are set, they must receive the green light from key figures in the state government. The goal is to ensure oversight and accountability regarding how public funds are spent on university leadership salaries.

Supporters of this bill would argue that it promotes transparency and accountability in the use of taxpayer money for university salaries. By requiring approval from legislative leaders, the bill ensures that the compensation for top university officials is fair and justified, reflecting the interests of the public and the state's budgetary constraints.

Critics may contend that this bill could hinder the ability of SUNY and CUNY to attract and retain qualified leaders by placing unnecessary bureaucratic hurdles in the salary-setting process. They might argue that the approval requirement could lead to political interference in university governance, undermining the institutions' autonomy and effectiveness.