Bill Summary for S 427 (2015-2016)

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Summary date: 

Mar 25 2015

Bill Information:

View NCGA Bill Details2015-2016 Session
Senate Bill 427 (Public) Filed Wednesday, March 25, 2015
AN ACT AMENDING THE ALLOCATION OF NC-THINKS SUGGESTION PROGRAM FUNDS.
Intro. by Brock.

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Bill summary

Amends GS 143-345.22(a) as the title indicates. Provides that 50% (was, 20%) of the funds saved or increased due to a state employee's suggestion or innovation per the NC-Thinks suggestion program are to be distributed to the state employee or divided equally among the team members if the suggestion or innovation comes from a group. Removes the cap of $20,000 on the distribution. Directs that 25% (was, 30%) of the annualized savings or increased revenues goes to the implementing agency for nonrecurring budget items. Provides that the remaining 25% of the annualized savings or increased revenues goes to the General Fund for nonrecurring budget items when allowed by law or policy. Effective July 1, 2015, and applies to suggestions and innovations made on or after that date.