2011 Session

Budget Amendments - HB1500 (Conference Report)

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Strike Language - State Employee 5%/3% Swap

Item 469 #2c

Item 469 #2c

First Year - FY2011 Second Year - FY2012
Central Appropriations
Central Appropriations FY2011 $0 FY2012 $32,991,493 GF

Page 402, line 7, strike "($27,327,805)" and insert "$5,663,688".
Page 410, strike lines 3 through 14.
Page 410, strike lines 24 through 33.

(This amendment deletes language included in the introduced budget requiring, effective July 1, 2011, VRS Plan 1 state employees to pay the 5 percent employee retirement contribution that the state has been paying on their behalf since 1983 in lieu of a pay raise. The introduced budget would have provided a partial salary offset of 3 percent to be implemented concurrently. The amendment restores the $33.0 million general fund removed from the introduced budget as a result of this proposal. In addition, the amendment deletes language which proposed transferring $18.2 million in nongeneral fund savings to the general fund, $11.8 million of which would have come from institutions of higher education.)