1998 Session

Budget Amendments - SB30 (Conference Report)

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E&G Group Life

Item 546 #14c

Item 546 #14c

First Year - FY1999 Second Year - FY2000
Central Appropriations
Central Appropriations FY1999 ($2,301,225) FY2000 ($2,109,394) GF

Page 317, line 3, strike "$44,294,546" and insert "$41,993,321".
Page 317, line 3, strike "$94,378,229" and insert "$92,268,835".
Page 321, line 45, after "fund." insert "Except, the Department of Planning and Budget shall withhold from transfer an amount equal to $2,301,225 the first year and $2,109,394 the second year associated with the tuition savings as a result of the Group Life Insurance "premium holiday."

(This amendment requires institutions of higher education to utilize their group life insurance savings towards paying the cost of the classified pay raise.)