HOUSE OF REPRESENTATIVES

151st GENERAL ASSEMBLY

HOUSE AMENDMENT NO. 5

TO

SENATE BILL NO. 15

AMEND Senate Bill No. 15, as amended, by inserting after line 12 the following:

“Section 2. Beginning on January 1 of the first year of a minimum wage increase under this Act and continuing until January 1 of the year after the final minimum wage increase under this Act, the Controller General shall annually submit a written report to the General Assembly on the actual fiscal impacts on the State budget of the adoption of this Act, including costs associated with resulting salary and wage compression issues that were not included in the fiscal note the Controller General prepared for this Act.

(1) The Controller General shall distribute a copy of the reports to all members of the General Assembly, the Governor, the Director of the Office of Management and Budget, and the Director and Librarian of the Division of Research.

(2) The Controller General shall post each year’s report on the General Assembly’s website for a minimum of 5 years from the date of the report.”.

SYNOPSIS

This Amendment requires the Controller General to make annual reports to the General Assembly on the actual fiscal impacts of the adoption of this Act, including costs associated with resulting salary and wage compression issues that were not included in the fiscal note for this Act.