Watch CBS News

California Universities, Colleges Now Back Greater Disclosure

SACRAMENTO (CBS / AP) -- California's university and college systems are dropping their opposition to a bill that would force their foundations to make more records accessible to the public.

Sen. Leland Yee says the University of California, California State University, and community college systems have agreed to back his bill, SB8, to close a loophole in state public records laws.

The San Francisco Democrat announced a compromise Wednesday.

The issue made national news last year when the CSU Stanislaus Foundation refused to release its speaking contract with former Alaska Gov. Sarah Palin. A judge eventually ordered the auxiliary university group to release the information after a lawsuit.

Yee's bill would make most financial records, contracts, and correspondence from nonprofits subject to the same public disclosure requirements as higher education institutions.

(Copyright 2011 by CBS San Francisco. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. Wire services may have contributed to this report.)

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.