Whereas, Mills College closed and is now owned by Northeastern University, which is incorporated outside of the state of California; and

Whereas, 24 private nonprofit colleges and universities in the US have undergone mergers in the past 5 years; and

Whereas, CFT members at private colleges and universities experience continual risk of program closure and attendant loss of employment; and

Whereas, nonprofit private colleges and universities are not obligated to share financial information beyond publicly available audited 990 tax forms;

Therefore, be it resolved, that CFT shall sponsor legislation to regulate all private colleges and universities operating within California under California state law; and

Be it further resolved, that CFT shall sponsor legislation requiring that private college and university employers provide complete, detailed, specific, and up to date financial information to employee organizations and exclusive bargaining representatives no later than 90 days prior to financially motivated program closures or mergers, declaration of financial exigency, or layoffs of employees; and

Be it finally resolved, that CFT shall provide training and organizing support with the goal of winning collective bargaining agreement (CBA) protections against program closures and related job losses as well as protections in the case of mergers/acquisitions

Submitted by the Universities Council