Synopsis As Introduced Amends the Public Higher Education Act. Provides that in fixing the salaries of employees, the governing board of each public institution of higher education shall pay employees an hourly rate of not less than: (1) $22 for the 2025-2026 academic year; (2) $23 for the 2026-2027 academic year; and (3) $24 for the 2027-2028 academic year. Provides that the minimum hourly rate for each academic year thereafter shall equal the minimum hourly rate for the previous academic year increased by a percentage equal to the percentage increase, if any, in the Consumer Price Index for All Urban Consumers for all items published by the United States Department of Labor for the previous academic year. Effective immediately.