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ID S1402

Bill

Status

Passed

3/28/2014

Primary Sponsor

Finance Committee

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Origin

Senate

2014 Regular Session

AI Summary

  • Appropriates $528,000 to the Board of Tax Appeals for fiscal year 2015 (July 1, 2014 - June 30, 2015), comprised of $448,900 for personnel costs, $70,500 for operating expenditures, and $8,600 for capital outlay.

  • Authorizes the Board of Tax Appeals a maximum of 5 full-time equivalent positions during the fiscal year, unless specifically authorized by the Governor, with prompt notification to the Joint Finance-Appropriations Committee for any increases.

  • Directs a 1% upward adjustment to the compensation schedule to move salaries toward market rates.

  • Funds an ongoing 1% salary increase for state employees plus the equivalent of a one-time 1% merit-based bonus, with agency directors having flexibility in distribution.

  • Encourages agency directors to reinvest salary savings from turnover, attrition, or reorganization into merit increases and targeted compensation adjustments for employees below policy compensation levels.

Legislative Description

Appropriates $528,000 to the Board of Tax Appeals for fiscal year 2015; limits the number of full-time equivalent positions to 5; and provides guidance for employee compensation.

APPROPRIATIONS

Last Action

Signed by Governor on 03/28/14 Session Law Chapter 296 Effective: 07/01/2014

3/28/2014

Committee Referrals

Finance3/12/2014
Judiciary and Rules3/11/2014

Full Bill Text

No bill text available