Creates the Holiday Bonus Compensation Fund (Bonus Fund) to provide a one-time compensation bonus of $1,000, payable January 31, 2017, to teachers and State employees subject to the State Human Resources Act. Appropriates $268,415,165 in nonrecurring funds from the General Fund to the Bonus Fund for the 2016-17 fiscal year, and $7,210,935 in nonrecurring funds from the Highway Fund to the Bonus Fund, for the purpose of the one-time holiday bonus. Provides that the one-time holiday bonuses are not compensation under GS Chapter 135 (Retirement System For Teachers And State Employees; Social Security; State Health Plan For Teachers And State Employees).
STATE EMPLOYEES' & TEACHERS' HOLIDAY BONUS.
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| View NCGA Bill Details | 2016 Extra Session 4 |
AN ACT TO APPROPRIATE FUNDS TO PROVIDE A ONE-TIME, HOLIDAY BONUS TO TEACHERS AND STATE EMPLOYEES.Intro. by Jordan.
Status: Ref To Com On Appropriations (House Action) (Dec 14 2016)
Bill History:
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Wed, 14 Dec 2016 House: Filed
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Wed, 14 Dec 2016 House: Passed 1st Reading
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Wed, 14 Dec 2016 House: Ref To Com On Appropriations
H 16
Bill Summaries:
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Bill H16 (2016 Extra 4)Summary date: Dec 14 2016 - View Summary
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