Bill Summary for H 950 (2013-2014)

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Summary date: 

Apr 16 2013

Bill Information:

View NCGA Bill Details2013-2014 Session
House Bill 950 (Public) Filed Tuesday, April 16, 2013
A BILL TO BE ENTITLED AN ACT TO GIVE EMPLOYEES OF THE UNIVERSITY OF NORTH CAROLINA A THREE PERCENT RAISE FOR THE 2013-2014 FISCAL YEAR AND AN ADDITIONAL THREE PERCENT RAISE FOR THE 2014-2015 FISCAL YEAR.
Intro. by D. Ross, Insko, Harrison, Terry.

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Bill summary

As title indicates. Also establishes the Reserve for Compensation Increases for The University of North Carolina System Employees (Reserve) to provide the salary increases. Appropriates $80,208,246 for 2013-14 and $162,822,739 for 2014-15 from the General Fund to the Reserve. Effective July 1, 2013.