H.B. 1033 Summary

• Appropriates $13,898,996 in general funds for FY 2025-2026 and $31,090,119 for FY 2026-2027 to fund collective bargaining cost items for Bargaining Unit (7), with additional funding from special, federal, trust, revolving, and American Rescue Plan funds.

• Appropriates $2,200,199 in general funds for FY 2025-2026 and $4,738,762 for FY 2026-2027 for salary increases and cost adjustments for excluded state officers and employees in the same compensation plans as BU(7) members.

• Appropriates $2,310,085 in general funds for FY 2025-2026 and $5,177,217 for FY 2026-2027 for health premium payments related to BU(7) collective bargaining agreements.

• Appropriates $202,455 in general funds for FY 2025-2026 and $436,801 for FY 2026-2027 for health premium payments for excluded employees.

• Takes effect July 1, 2025, and requires unencumbered funds to lapse on June 30, 2026, and June 30, 2027.