View Amendment Current Amendment: DAD 118 cr bonus dj.DOCX to Bill 4950     Senator JACKSON proposes the following amendment (DAD 118 CR BONUS DJ):
    Amend the bill, as and if amended, Part IB, Section 118, STATEWIDE REVENUE, page 533, after line 4, by amending proviso 118.___ as added by amendment No. 55, by adding an appropriately numbered item to read:
/         ( )     F300-Statewide Employee Benefits
                    Employee Bonus         $     10,659,725;
        ( .1)     From the funds appropriated to Statewide Employee Benefits for Employee Bonus, effective on the first pay date that occurs on or after October 16, 2018, the Department of Administration shall allocate to state agencies $10,659,725 to provide for a one-time lump sum bonus. Each permanent state employee, in a full-time equivalent position, who has been in continuous state service for at least six months prior to July 1, 2018, and who earns $50,000 or less, shall receive a $500 one-time lump sum payment. This payment is not a part of the state employee's base salary and is not earnable compensation for purposes of employer or employee contributions to respective retirement systems. This appropriation may be used for payments to employees only in the same ratio as the employee's base salary is paid from appropriated sources and the employing agency shall pay the bonus for federal and other funded full-time equivalent position employees from federal or other funds available to the agency in the proportion that such funds are the source of the employee's salary. The earnings limitation in Proviso 117.55 of this act do not apply to this bonus.
        ( .2)         Notwithstanding any other provision of this section, if the Contingency Reserve Fund revenues are not sufficient to provide a $500 bonus, the amount for each qualifying employee shall be reduced equally. However, if the revenues are not sufficient to provide at least a $100 bonus, then the provisions of this item do not apply. /
    Renumber sections to conform.
    Amend sections, totals and title to conform.