Amend the bill, as and if amended, Part IB, Section 118, STATEWIDE REVENUE, page 535, proviso 118.15 (Taxpayer Rebate), lines 35-36, and page 536, lines 1-6 by striking the proviso in its entirety.
Amend the bill further, as and if amended, Part IB, Section 118, STATEWIDE REVENUE, page 543, after line 16, by adding an appropriately numbered new proviso to read:
/ (SR: Teacher Bonus) In the event that amounts in excess of the Fiscal Year 2018-19 unobligated general fund revenue as certified by the Board of Economic Advisors become available due to increased income tax collections resulting from the lottery ticket redemption associated with the October 24, 2018 Mega Millions contest, the Comptroller General shall transfer such amounts in excess of the total certified unobligated general fund revenue up to $61,400,000 to the Department of Education to be used for teacher bonuses. To the extent sufficient funds are available, the Department of Education shall provide a 1% bonus to teachers on or before August 31 and a second 1% bonus on or before June 30. If sufficient funds are not available the amount of the bonus shall be reduced on a pro-rata basis. Teachers eligible for the pay raises given pursuant to Proviso 1.89 and 1A.36 are eligible for this bonus. /
Renumber sections to conform.
Amend sections, totals and title to conform.