2012 Session

Budget Amendments - SB30 (Committee Approved)

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CA: 3% State Employee Bonus (language only)

Item 468 #3s

Item 468 #3s

Central Appropriations
Central Appropriations

Page 357, strike lines 16 to 52.
Page 358, strike lines 1 to 7.
Page 357, following line 16, insert:
"N.1. All classified employees of the Executive Branch and other full-time employees of the Commonwealth, except elected officials, who were employed on April 1, 2012 and remain employed until at least November 24, 2012, shall receive a one-time bonus payment equal to three percent of base pay on December 1, 2012, contingent upon additional general fund resources equaling or exceeding
$77,200,000 from the combination of actual general fund revenue collections for FY 2012 exceeding the official FY 2012 revenue estimate contained in the first enactment of SB 29 of the 2012 session of the General Assembly, and by any discretionary unspent general fund appropriations recommended by the Governor for reversion at the end of FY 2012.  If the combination of additional general fund revenue collections and year-end general fund balances recommended for reversion by the Governor for FY 2012 exceed the official revenue estimate by less than $77,200,000, the remaining cost of the three percent bonus shall be provided for from funds appropriated to the Nonrecurring Reserve Fund set out in Item 472.2 of this Act. In the event that the total of all funds provided for in this paragraph are insufficient to fully fund the general fund cost of the three percent one-time bonus payment, such bonus payment shall be prorated to a percent of base pay for the general fund payroll that equates to the amount of total general fund resources provided.
2. For purposes of paying the general fund share of the December 1, 2012, one-time bonus, the State Comptroller shall reserve $77,200,000 on the balance sheet for the general fund attributable to FY 2012 general fund revenue collections in excess of the official revenue estimate and discretionary general fund balances recommended for reversion by the Governor.
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 provides for a one-time three percent bonus for all state employees on December 1, 2012.)