2010 Session

Budget Amendments - HB29 (Conference Report)

View Budget Item
View Budget Item amendments

Contingent FY 2011 Salary Bonus (language only)

Item 472 #1c

Item 472 #1c

Central Appropriations
Central Appropriations

Page 260, after line 46, insert:
"R.1. All employees of the Commonwealth, except elected officials, who were employed on June 30, 2010, shall receive a one-time bonus payment equal to three percent of base pay on December 16, 2010, contingent on general fund revenue collections for Fiscal Year 2010 exceeding the official Fiscal Year 2010 revenue estimate contained in this act by at least $82,200,000.  If general fund revenue collections for Fiscal Year 2010 exceed the official revenue estimate by less than $82,200,000, the one-time bonus payment shall be prorated to a percent of base pay for the general fund payroll that equates to the amount of excess revenues collected.
2. For purposes of paying the general fund share of the December 16, 2010 one-time bonus, the State Comptroller shall reserve the first $82,200,000 from Fiscal Year 2010 general fund revenue collections that exceed the official revenue estimate.
3. The Director of the Department of Planning and Budget shall administratively increase nongeneral fund appropriations as required to implement the one-time bonus payment."

(This amendment is self-explanatory.)