0001| SENATE BILL 670 | 0002| 43rd legislature - STATE OF NEW MEXICO - first session, 1997 | 0003| INTRODUCED BY | 0004| BEN D. ALTAMIRANO | 0005| | 0006| | 0007| | 0008| | 0009| | 0010| AN ACT | 0011| MAKING AN APPROPRIATION TO INCREASE THE SALARIES AND THE SALARY | 0012| RANGES FOR CLASSIFIED EXECUTIVE BRANCH EMPLOYEES. | 0013| | 0014| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO: | 0015| Section 1. APPROPRIATION.-- | 0016| A. Nineteen million seven hundred forty-six | 0017| thousand six hundred dollars ($19,746,600) is appropriated from | 0018| the general fund to the department of finance and | 0019| administration to be distributed to state agencies in the | 0020| executive branch of state government whose funds are derived | 0021| substantially from the general fund to provide salary increases | 0022| or adjustments to classified employees as follows: | 0023| (1) seven hundred twenty-six thousand four | 0024| hundred dollars ($726,400) for those employees whose salaries | 0025| are equal to or above the maximum of their salary range, a | 0001| lump-sum payment averaging two percent of the midpoint value of | 0002| their salary range, subject to a pay for performance matrix | 0003| distribution and payable in the first full pay period after the | 0004| anniversary date of their appointment to their current class; | 0005| (2) five million three hundred ninety-four | 0006| thousand seven hundred dollars ($5,394,700) for other | 0007| classified employees, a salary increase averaging three and | 0008| one-half percent of the midpoint value of the employee's salary | 0009| range, subject to a pay for performance matrix distribution and | 0010| effective in the first full pay period after the employee's | 0011| anniversary date; and | 0012| (3) thirteen million six hundred twenty-five | 0013| thousand five hundred dollars ($13,625,500) to increase the | 0014| classified system's salary structure by four percent on July 1, | 0015| 1997. | 0016| B. Any unexpended or unencumbered balance remaining | 0017| at the end of fiscal year 1998 shall revert to the general | 0018| fund. | 0019| Section 2. EFFECTIVE DATE.--The effective date of the | 0020| provisions of this act is July 1, 1997. | 0021|  | 0022| |