Section:� 8xx.x� Salaries of the Commissioner of Higher Education, Presidents and Chancellors
1.����� Prior to November 1, 2005, the Commissioner of Higher Education shall conduct a salary survey of the presidents of following institutions of higher education:� the University of Idaho, Idaho State University, the University of Wyoming, the University of North Dakota, North Dakota State University, the University of South Dakota and South Dakota State University.� The Commissioner shall include the salaries of the presidents of The University of Montana and Montana State University in determining the average regional presidential salary. �
2.����� Effective July 1, 2006, the salaries of the commissioner of higher education, presidents and chancellors of the Montana University System will be set as follows:� The salary of the presidents of The University of Montana and Montana State University will be the average salary determined by means of the survey.� The salary of the commissioner of higher education will be 105% of the presidents' salaries.� The salary of the chancellors will be 85% of the presidents' salaries.�
3.����� Thereafter, prior to June 30 of each even-numbered year, the Commissioner shall conduct a similar survey by which to set the salaries of the commissioner of higher education, presidents and chancellors.�� Beginning July 1 of the year following the year in which the survey is conducted, the salaries of the commissioner, presidents and chancellors will be set in accordance with the formula set in subsection 2 of this policy, using the most recent salary survey information.