STATE EMPLOYEES' & TEACHERS' HOLIDAY BONUS.

View NCGA Bill Details2016 Extra Session 4
House Bill 16 (Public) Filed Wednesday, December 14, 2016
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:

H 16

Bill Summaries:

  • Summary date: Dec 14 2016 - More information

    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).


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