HB 4044
public safety parity fund
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill creates the Public Safety Parity Fund to support retention and recruitment of employees within the Department of Public Safety and the State Department of Corrections. The fund will be financed by investment earnings from the budget stabilization fund. Specifically, it will provide retention pay and benefits for these employees, aiming to improve staffing levels and maintain qualified personnel. The fund will also contribute to a parity compensation fund for law enforcement personnel.
Key provisions
- Establishes the Public Safety Parity Fund to support retention and recruitment of DPS and State Department of Corrections employees.
- Funds the fund through investment earnings from the budget stabilization fund.
- Requires 40% of the Public Safety Parity Fund to be deposited into the Parity Compensation Fund for law enforcement.
- Establishes benchmarks for retention bonuses based on compensation levels at comparable agencies.
- The State Department of Corrections will administer the Public Safety Parity Fund.
- Monies in the fund are exempt from reversion to the state general fund.
- The fund is subject to legislative appropriation.
- Allows for a retention bonus of up to 3% of fund monies to be provided to department employees.
Who is affected
- Department of Public Safety employees
- State Department of Corrections employees
- Law enforcement personnel
- State taxpayers
- State legislature
Sponsors
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Primary sponsor
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