exempt

                    (REPRINTED WITH ADOPTED AMENDMENTS)

 

Senate Bill No. 458–Committee on Finance

 

(On Behalf of Department of Administration—Budget Division)

 

March 21, 2001

____________

 

Referred to Committee on Finance

 

SUMMARY—Makes appropriation to Department of Education for cost-of-living bonus for all public employees in local school districts. (BDR S‑1424)

 

FISCAL NOTE:                     Effect on Local Government: No.

                                     Effect on the State: Contains Appropriation included in Executive Budget.

 

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EXPLANATION – Matter in bolded italics is new; matter between brackets [omitted material] is material to be omitted.

 

AN ACT making an appropriation to the Department of Education for a cost-of-living bonus for all public employees in local school districts; and providing other matters properly relating thereto.

 

THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN

SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:

 

1-1    Section 1. There is hereby appropriated from the state general fund to

1-2  the Department of Education the sum of $34,000,000 for a cost-of-living

1-3  bonus of approximately 3 percent for all public employees in local school

1-4  districts.

1-5    Sec. 2.  Any remaining balance of the appropriation made by section 1

1-6  of this act must not be committed for expenditure after June 30, 2002, and

1-7  reverts to the state general fund as soon as all payments of money

1-8  committed have been made.

1-9    Sec. 3.  This act becomes effective upon passage and approval.

 

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