House Bill 231 Summary

• Appropriates $12.4 million for 2019-2020 and $24.8 million for 2020-2021 to North Carolina Community College System for legislatively mandated salary increases.

• Appropriates $15 million for 2019-2020 and $30 million for 2020-2021 to University of North Carolina for salary increases, plus $6 million and $11.4 million respectively for faculty retention.

• Establishes minimum salaries for nine-month community college faculty ranging from $37,581 (vocational diploma/certificate) to $45,282 (doctoral degree), effective July 1, 2019.

• Provides all full-time permanent UNC and community college employees one-time bonus of five additional days of annual leave on July 1, 2019, with pro rata amounts for part-time employees.

• Authorizes one-time cost-of-living supplement payments of 0.50% of annual retirement allowance to Teachers' and State Employees' Retirement System, Consolidated Judicial Retirement System, and Legislative Retirement System beneficiaries, with $17.4 million appropriated for each fiscal year 2019-2020 and 2020-2021.