Loading chat...
AR HB1028
Bill
Status
5/17/2013
Primary Sponsor
Frederick Love
Click for details
AI Summary
-
Creates a "Salary Savings Fund" on the books of the State Treasurer, State Auditor, and Chief Fiscal Officer to be funded by salary savings and other moneys provided by law
-
Fund shall be used to provide cost-of-living adjustments and twenty-seventh pay periods for public employees
-
Requires state agencies, boards, commissions, and higher education institutions to certify general revenue budgeted for unoccupied regular salary positions at the end of each quarterly period
-
Chief Fiscal Officer must verify certified amounts within 15 days and transfer the verified general revenue to the Salary Savings Fund, with quarterly reporting to Legislative Council or Joint Budget Committee
-
Declares an emergency due to economic downturn and the need to fund essential programs and pay plan issues, making the act effective July 1, 2013
Legislative Description
Concerning The Transfer Of General Revenue Related To Salary Savings; To Create A Salary Savings Fund; To Use The Salary Savings Fund For Cost-of-living Adjustments And Twenty-seventh Pay Periods; And To Declare An Emergency.
Last Action
Died in House Committee at Sine Die adjournment.
5/17/2013