88R2733 CJC-D
 
  By: Eckhardt S.B. No. 1773
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to an annual adjustment for inflation to the monthly
  amount of longevity pay for state employees.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 659.044, Government Code, is amended by
  amending Subsection (a) and adding Subsections (a-1) and (a-2) to
  read as follows:
         (a)  Except as provided by Subsections (e) and (f) and
  Section 659.0445, the monthly amount of longevity pay is the amount
  set by the comptroller under Subsection (a-1) [$20] for every two
  years of lifetime service credit.
         (a-1)  Not later than July 1 of each year, the comptroller
  shall set the amount of longevity pay for purposes of Subsection (a)
  in the manner provided by this subsection. The comptroller shall
  increase the amount of longevity pay in effect during the year in
  which the increase is made by an amount equal to the product of the
  amount of longevity pay in effect for that year and the percentage
  increase, if any, in an index considered by the comptroller to most
  accurately report annual changes in the purchasing power of the
  dollar for consumers in this state. The increased amount of
  longevity pay is effective for the 12-month period beginning on
  September 1 of the year in which the increase is made. Not later
  than August 1 of each year, the comptroller shall publish notice of
  the increased amount of longevity pay determined under this
  subsection and the period for which that amount will be effective in
  the Texas Register and post that information in a prominent
  location on the comptroller's Internet website.
         (a-2)  Notwithstanding Subsection (a-1), for the state
  fiscal year beginning September 1, 2023, and ending August 31,
  2024, the comptroller shall set the amount of longevity pay for
  purposes of Subsection (a) in an amount equal to the sum of $20 and
  the product of $20 and the percentage increase, if any, in an index
  considered by the comptroller to most accurately report annual
  changes in the purchasing power of the dollar for consumers in this
  state. This subsection expires September 1, 2024.
         SECTION 2.  The comptroller of public accounts shall
  calculate the amount of longevity pay in effect for the state fiscal
  year beginning September 1, 2023, in the manner required by Section
  659.044(a-2), Government Code, as added by this Act. In the state
  fiscal year beginning September 1, 2024, and in subsequent state
  fiscal years, the comptroller of public accounts shall calculate
  the amount of longevity pay in effect for the applicable state
  fiscal year in the manner required by Section 659.044(a-1),
  Government Code, as added by this Act.
         SECTION 3.  This Act takes effect immediately if it receives
  a vote of two-thirds of all the members elected to each house, as
  provided by Section 39, Article III, Texas Constitution.  If this
  Act does not receive the vote necessary for immediate effect, this
  Act takes effect September 1, 2023.