Synopsis As Introduced Amends the Board of Higher Education Act and the Public Community College Act. Provides that the Board of Higher Education and the Illinois Community College Board shall require each board of trustees of a public university or community college district in this State to establish a minimum salary for instructors that is not less than $1,333.33 per credit hour taught. Allows the minimum salary to be subject to an increase based upon a cost-of-living adjustment. Requires an annual report concerning compliance with minimum salary requirements. Provides that nothing in the provisions shall prevent the paying of instructors at a higher rate than the required minimum salary. Amends the State Mandates Act to require implementation without reimbursement.