(Doc Name h:\legwork\house\amend\H-WM\001\90.20 bonus.docx):
EXPLANATION:
Amend the bill, as and if amended, Part IB, Section 90,
STATEWIDE REVENUE, page 516, paragraph 90.20, by amending
amendment No. 16 Sub, doc no H:\legwork\
house\amend\h-wm\001\90.16\suta 30m jrs
.docx, page 3, item (1) General Reserve Fund, by striking
/Full 5% Funding...$98,175,036/ and inserting
/4.3% Funding...$60,683,161/
Amend the bill further, Part IB, by amending amendment no. 16
Sub, doc no H:\legwork\house\amend\h-wm\001\90.16\ suta 30m
jrs.docx, page 5, after item (34), by adding appropriately
numbered items to read:
/( ) F30 - B & C - Employee Benefits
Employee
Bonus...$14,125,000
( ) H63 - Department of Education
EIA Salary
Supplement-Non-Recurring
District
Employee Bonus $23,366,875/
Amend the bill further, Part IB, by amending amendment no. 16 Sub, doc no H:\legwork\house\amend\h-wm\001\90.16\ suta 30m jrs.docx, page 5, by adding new sub-sections to read:
/(C) For the bonus provided for in item ( ) above, effective on the date of the lump-sum payment a total of $14,125,000 shall be allocated to state agencies to provide for the following:
Effective on the first pay date that occurs on or
after November first of the current fiscal year, each state
employee and local provider who has been in continuous state
service since June 2, 2012, is eligible to receive a one-time
lump-sum payment. Employees who earn less than $50,000 shall
receive a lump-sum payment of 1%. Employees who earn $50,000 or
more will receive a lump-sum payment of $500. The earnings
limit in Section 89.63 of this Act is not applicable. This
payment is not a part of the 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.
The
provisions of this section and the $14,125,000 appropriated in
Section 80C of this act to fund the one-time employee bonus are
not severable. If the $14,125,000 appropriation is deleted,
then this section is also considered deleted.
(D)
effective on the date of the lump-sum payment a total of
$23,666,875 shall be allocated to the Department of Education to
provide for the following:
Each
district employee, excluding superintendents, shall be eligible
to receive the EIA Salary Supplment Non-recurring District
Employee Bonus provided for in item ( ) above. The Department
of Education shall disburse the $23,366,875 after November first
of the current fiscal year in a manner commensurate with the
intended use of the funds. The earnings limit in Section 89.63
of this Act is not applicable. This payment is not a part of
the 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.
The
provisions of this section and the $23,366,875 appropriated in
Section 1 of this act to fund the one-time teacher bonus are not
severable. If the $23,366,875 appropriation is deleted, then
this section is also considered deleted./
Renumber sections to conform.
Amend totals and titles to conform.