| Date Requested:February 27, 2008 Time Requested:12:07 PM |
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| FUND(S) | |||
|---|---|---|---|
Sources of Revenue | |||
| General Fund | |||
Legislation creates:
Neither Program nor Fund | |||
Effect this measure will have on costs and revenues of state government.
| The amendment would increase the annual salary of each legislative member from $15,000 per year to $20,000 per year. Currently, the total annual salary for all Senate and House members is $2,010,000 (134 members x $15,000). The amendment would increase the total annual salary for all legislative members to $2,680,000 (134 members x $20,000). This is an increase of $670,000. |
| Over-all effect |
| Effect of Proposal | Fiscal Year | ||
|---|---|---|---|
| 2008 Increase/Decrease (use"-") |
2009 Increase/Decrease (use"-") |
Fiscal Year (Upon Full Implementation) | |
| 1. Estmated Total Cost | 0 | 670,000 | 670,000 |
| Personal Services | 0 | 670,000 | 670,000 |
| Current Expenses | 0 | 0 | 0 |
| Repairs and Alterations | 0 | 0 | 0 |
| Assets | 0 | 0 | 0 |
| Other | 0 | 0 | 0 |
| 2. Estimated Total Revenues | 0 | 0 | 0 |
|
3. Explanation of above estimates (including long-range effect):
$670,000 increase in expenses to pay for $5,000 annual increase in compensation for each member of the Legislature to become effective in 2009. |
| It must be noted that the original bill increased the annual salary of only Senate members, which would be $170,000. This amendment would increase that amount by $500,000. |