Bill Text: TX SB132 | 2017-2018 | 85th Legislature | Comm Sub
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Relating to the savings incentive program for state agencies.
Spectrum: Strong Partisan Bill (Republican 17-1)
Status: (Passed) 2017-06-01 - Effective on 9/1/17 [SB132 Detail]
Download: Texas-2017-SB132-Comm_Sub.html
Bill Title: Relating to the savings incentive program for state agencies.
Spectrum: Strong Partisan Bill (Republican 17-1)
Status: (Passed) 2017-06-01 - Effective on 9/1/17 [SB132 Detail]
Download: Texas-2017-SB132-Comm_Sub.html
By: Creighton | S.B. No. 132 | |
(In the Senate - Filed November 14, 2016; January 25, 2017, | ||
read first time and referred to Committee on Finance; | ||
March 6, 2017, reported favorably by the following vote: Yeas 14, | ||
Nays 0; March 6, 2017, sent to printer.) | ||
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relating to the savings incentive program for state agencies. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 2108.103, Government Code, is amended by | ||
amending Subsection (a) and adding Subsections (c), (d), (e), and | ||
(f) to read as follows: | ||
(a) The affected agency retains one-half [ |
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the amount of savings verified by the comptroller[ |
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(c) Of the savings retained by the agency, one-half: | ||
(1) must be used to make additional principal payments | ||
for general obligation bonds issued by the agency or on behalf of | ||
the agency by the Texas Public Finance Authority; or | ||
(2) if there are no outstanding general obligation | ||
bonds issued by the agency or on behalf of the agency by the Texas | ||
Public Finance Authority, may be used to provide bonuses, | ||
distributed equally, to each agency employee who: | ||
(A) is a current full-time equivalent employee of | ||
the agency; | ||
(B) worked for the agency as a full-time | ||
equivalent employee for the entire fiscal year in which the savings | ||
were realized; and | ||
(C) is directly responsible for or worked in a | ||
department, office, or other division within the agency that is | ||
responsible for the savings realized. | ||
(d) If the amount of agency savings verified under Section | ||
2108.102, expressed as a percentage of the total amount of | ||
undedicated general revenue derived from nonfederal sources | ||
appropriated to the agency for the fiscal year in which the savings | ||
were realized, is: | ||
(1) less than three percent, a bonus described by | ||
Subsection (c)(2) may not exceed $250; | ||
(2) at least three percent but less than five percent, | ||
a bonus described by Subsection (c)(2) may not exceed $500; | ||
(3) at least five percent but less than 10 percent, a | ||
bonus described by Subsection (c)(2) may not exceed $750; and | ||
(4) 10 percent or more, a bonus described by | ||
Subsection (c)(2) may not exceed $1,000. | ||
(e) A state agency may not provide a bonus under Subsection | ||
(c)(2) to an employee of the agency who serves in an upper | ||
management position, including the chief executive or chief | ||
administrator of the agency. | ||
(f) A state agency shall adopt rules to implement this | ||
section. | ||
SECTION 2. This Act applies to notice under Section | ||
2108.101, Government Code, of savings from appropriations to a | ||
state agency for a state fiscal year beginning on or after September | ||
1, 2017. | ||
SECTION 3. This Act takes effect September 1, 2017. | ||
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