Bill Text: TX SB1773 | 2023-2024 | 88th Legislature | Introduced
Bill Title: Relating to an annual adjustment for inflation to the monthly amount of longevity pay for state employees.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2023-03-20 - Referred to Finance [SB1773 Detail]
Download: Texas-2023-SB1773-Introduced.html
88R2733 CJC-D | ||
By: Eckhardt | S.B. No. 1773 |
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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) [ |
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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. |