Senator HEMBREE proposes the following amendment (SA\5150C014.JN.SA22.DOCX):
Amend the bill, as and if amended, Part IB, Section 118, STATEWIDE REVENUE, page 583, proviso 118.19(B)(74), after line 14, by inserting:
/ (c)Southern Segment Construction I-73..$300,000,000; /
Amend the bill further, Part IB, Section 118, STATEWIDE REVENUE, page 579, by striking proviso 118.19(B)(50) and inserting:
/ (50) F300Employee Benefits
Employee Bonus..$45,000,000;
(50.1) From the funds appropriated to Statewide Employee Benefits for Bonus Pay, effective on the first pay date that occurs on or after October 17, 2022, the Department of Administration shall allocate to state agencies $45,000,000 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, 2022, shall receive an $1,500 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 positions 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 on bonuses in Proviso 117.52 of this Act does not apply to this bonus. For institutions of higher education, the funds received for this bonus may be used without uniformity. Unexpended funds appropriated pursuant to this provision may be carried forward to succeeding fiscal years and expended for the same purposes. /
Amend the bill further, Part IB Section 118, STATEWIDE REVENUE, page 574, by striking proviso 118.19(B)(5) and inserting:
/ (5) H630State Department of Education
(a)Capital Funding for Disadvantaged Schools..$60,000,000;
(b)State Aid to Classrooms - Maintenance of Effort and Equity.............$10,000,000;
(c)ESA Pilot $1,000,000;
(d) K-12 Public School Teacher COVID Bonus...$82,000,000;
(5.1) From the funds appropriated to State Department of Education, effective on the first pay date that occurs on or after October 17, 2022, the Department of Administration shall allocate to the State Department of Education, $82,000,000 to provide for a one-time lump sum bonus. Each permanent public school teacher, who is subject to the state minimum salary schedule pursuant to proviso 1.3, in a full-time equivalent position, who has been in continuous state service for at least six months prior to July 1, 2022, shall receive a COVID bonus in an amount to be determined by the department. The department shall use all of the funds provided for teacher bonuses, and each teacher must receive an equal amount. 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. The earnings limitation on bonuses in Proviso 117.52 of this Act does not apply to this bonus. Unexpended funds appropriated pursuant to this provision may be carried forward to succeeding fiscal years and expended for the same purposes./
Amend the bill further, Part IB, Section 118, STATEWIDE REVENUE, page 584, proviso 118.19(B), after line 35, by inserting:
/ (81) F500Public Employee Benefit Authority
South Carolina Pension Fund..$96,281,000;
(82)Income Tax Reform Fund .....$500,000,000;
(82.1) There is created the Income Tax Reform Fund in the State Treasury. The fund is separate and distinct from the general fund and all other funds of the State. The fund must be maintained until the General Assembly adopts comprehensive income tax reform. /
Amend the bill further, Part IB, Section 118, STATEWIDE REVENUE, page 571, line 28, by deleting proviso 118.19(B)(1).
Amend sections, totals and title to conform.