2005 Session

Budget Amendments - SB700 (Conference Report)

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Authority to supplement classified salaries (language only)

Item 4-6.01 #1c

Item 4-6.01 #1c

Positions and Employment
Employee Compensation

Page 593, after line 26, insert:  
"p.  Any public institution of higher education that has met the eligibility critieria set out in Senate Bill 1237/House Bill 2866 may supplement annual salaries for classified employees from private gifts, endowment funds, or income from endowments and gifts, subject to policies approved by the board of visitors.  The Commonwealth shall have no general fund obligations for the continuation of such salary supplements."

(This amendment allows public colleges and universities to supplement salaries of classified employees with private funds. This language is the result of work by the joint subcommittee studying the relationship between the state and its public higher education institutions and is consistent with the provisions of Senate Bill 1237/House Bill 2866, 2005 Acts of Assembly.)