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A BILL TO BE ENTITLED
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AN ACT
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relating to the savings incentive program for state agencies. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 2108.103, Government Code, is amended by |
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amending Subsection (a) and adding Subsections (c), (d), (e), and |
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(f) to read as follows: |
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(a) The affected agency retains one-half [one- fourth] of |
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the amount of savings verified by the comptroller[, not to exceed
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one percent of the amount of undedicated general revenue derived
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from nonfederal sources appropriated to the agency for the fiscal
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year in which the savings are realized]. |
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(c) Of the savings retained by the agency, one-half: |
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(1) must be used to make additional principal payments |
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for general obligation bonds issued by the agency or on behalf of |
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the agency by the Texas Public Finance Authority; or |
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(2) if there are no outstanding general obligation |
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bonds issued by the agency or on behalf of the agency by the Texas |
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Public Finance Authority, may be used to provide bonuses, |
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distributed equally, to each agency employee who: |
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(A) is a current full-time equivalent employee of |
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the agency; |
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(B) worked for the agency as a full-time |
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equivalent employee for the entire fiscal year in which the savings |
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were realized; and |
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(C) is directly responsible for or worked in a |
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department, office, or other division within the agency that is |
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responsible for the savings realized. |
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(d) If the amount of agency savings verified under Section |
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2108.102, expressed as a percentage of the total amount of |
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undedicated general revenue derived from nonfederal sources |
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appropriated to the agency for the fiscal year in which the savings |
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were realized, is: |
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(1) less than three percent, a bonus described by |
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Subsection (c)(2) may not exceed $250; |
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(2) at least three percent but less than five percent, |
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a bonus described by Subsection (c)(2) may not exceed $500; |
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(3) at least five percent but less than 10 percent, a |
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bonus described by Subsection (c)(2) may not exceed $750; and |
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(4) 10 percent or more, a bonus described by |
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Subsection (c)(2) may not exceed $1,000. |
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(e) A state agency may not provide a bonus under Subsection |
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(c)(2) to an employee of the agency who serves in an upper |
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management position, including the chief executive or chief |
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administrator of the agency. |
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(f) A state agency shall adopt rules to implement this |
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section. |
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SECTION 2. This Act applies to notice under Section |
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2108.101, Government Code, of savings from appropriations to a |
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state agency for a state fiscal year beginning on or after September |
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1, 2017. |
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SECTION 3. This Act takes effect September 1, 2017. |