MISSISSIPPI LEGISLATURE

1998 Regular Session

To: Appropriations

By: Senator(s) Hall, Burton, Gollott, White (5th), Carter, Minor, Moffatt, Ross, Simmons, Thames

AN ACT MAKING AN APPROPRIATION OF SPECIAL FUNDS FOR THE SUPPORT OF THE STATE DEPARTMENT OF BANKING AND CONSUMER FINANCE FOR FISCAL YEAR 1999. 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:

SECTION 1. The following sum of money, or so much thereof as may be necessary, is hereby appropriated out of any money in the State Treasury to the credit of the Maintenance Fund of the State Department of Banking and Consumer Finance, for the support of the Banking Division of the State Department of Banking and Consumer Finance, for the fiscal year beginning July 1, 1998, and ending June 30, 1999 $ 1,997,562.00.

SECTION 2. Of the funds appropriated under the provisions of Section 1, not more than the amounts set forth below shall be expended for the respective major objects or purposes of expenditure:

MAJOR OBJECTS OF EXPENDITURE:

Personal Services:

Salaries, Wages and Fringe Benefits $ 1,294,967.00

Travel and Subsistence 435,000.00

Contractual Services 212,545.00

Commodities 25,000.00

Capital Outlay:

Other Than Equipment 0.00

Equipment 30,050.00

Subsidies, Loans and Grants 0.00

Total $ 1,997,562.00

AUTHORIZED POSITIONS:

Permanent: Full Time. . . . . . . . . 24

Part Time. . . . . . . . . 0

Time-Limited: Full Time. . . . . . . . . 0

Part Time. . . . . . . . . 0

SECTION 3. The following sum of money, or so much thereof as may be necessary, is hereby appropriated out of any money in the State Treasury to the credit of the Consumer Finance Fund of the State Department of Banking and Consumer Finance for the support of the Consumer Finance Division of the State Department of Banking and Consumer Finance for the fiscal year beginning July 1, 1998, and ending June 30, 1999 $ 963,453.00.

SECTION 4. Of the funds appropriated under the provisions of Section 3, not more than the amounts set forth below shall be expended for the respective major objects or purposes of expenditure:

MAJOR OBJECTS OF EXPENDITURE:

Personal Services:

Salaries, Wages and Fringe Benefits $ 583,718.00

Travel and Subsistence 144,000.00

Contractual Services 202,605.00

Commodities 8,600.00

Capital Outlay:

Other Than Equipment 0.00

Equipment 24,530.00

Subsidies, Loans and Grants 0.00

Total $ 963,453.00

AUTHORIZED POSITIONS:

Permanent: Full Time. . . . . . . . . 11

Part Time. . . . . . . . . 0

Time-Limited: Full Time. . . . . . . . . 0

Part Time. . . . . . . . . 0

SECTION 5. Any transfers or escalations shall be made in accordance with the terms, conditions, and procedures established by law.

No general funds authorized to be expended herein shall be used to replace federal funds and/or other special funds which are being used for salaries authorized under the provisions of this act and which are withdrawn and no longer available.

SECTION 6. From the funds provided in this act in the budget category "Personal Services: Salaries, Wages and Fringe Benefits," funds may be expended for the following purposes, in compliance with the policies established by the State Personnel Board and any conditions placed on such expenditures:

(a) The components of the Variable Compensation Plan shall be maintained within the constraints of the funds appropriated herein. Unless otherwise permitted by law, no single event, including promotion, reclassification or reallocation, shall exceed the greater of (1) the difference between the starting salary (start step) of the current classification and the new classification added to the employee's current salary (current step), or (2) the salary that could be paid to an equally qualified, newly hired employee. If an eligible employee is currently at or above the end salary for his or her job classification, then the increase authorized by subparagraphs (b), (c) and (d) shall be built into the employee's base salary. To be eligible, employees may not have a current performance rating below "meets expectations" (2.0), as of the effective date of the increase. Employees who subsequently receive a performance rating of "meets expectations" or above during Fiscal Year 1999 shall receive the salary increase effective the date of the rating.

(b) Funds are provided to adjust the Variable Compensation Plan, including realignment, to ensure that all full time employees receive a minimum increase of Six Hundred Dollars ($600.00) and not more than Nine Hundred Dollars ($900.00), to the next higher step.

(c) Funds are provided for MH-Direct Care Worker Classifications to receive an average increase of One Thousand Five Hundred Dollars ($1,500.00). It is the intention of the Legislature that MH-Direct Care Worker Classifications increases resulting from the provisions of Senate Bill No. 2100, 1997 Regular Session, may be fully implemented as funds become available.

(d) Funds are provided for a Nine Hundred Dollar ($900.00) increase for Information Technology positions. Agencies may effect additional increases in accordance with the Information Technology Special Compensation Plan established by the State Personnel Board as funds become available.

It is the agency's responsibility to make certain that funds required to be appropriated for "Personal Services" for Fiscal Year 2000 do not exceed Fiscal Year 1999 funds appropriated for that purpose unless programs or positions are added to the agency's budget by the Mississippi Legislature.

SECTION 7. Funds are included under the provisions of this act to defray the cost of realigning the annual salary of the Deputy Commissioner position from pay step 484 to pay step 504.

SECTION 8. Of the funds appropriated under the provisions of Section 1 and allocated in Section 2, funds in the amount of Sixty-nine Thousand Dollars ($69,000.00) and one (1) full-time position are provided to carry out the provisions of Senate Bill No. 2854, Regular Session of 1998. In the event that Senate Bill No. 2854, Regular Session of 1998, is not enacted into law, it is the intention of the Legislature that the Department of Banking and Consumer Finance shall not expend Sixty-nine Thousand Dollars ($69,000.00) of the funds appropriated under the provisions of Section 1, nor shall the Department fill more than Twenty-three (23) of the full-time positions authorized in Section 2 of this act.

SECTION 9. The money herein appropriated shall be paid by the State Treasurer out of any money in the State Treasury to the credit of the proper fund or funds as set forth in this act, upon warrants issued by the State Fiscal Officer; and the State Fiscal Officer shall issue his warrants upon requisitions signed by the proper person, officer or officers in the manner provided by law.

SECTION 10. This act shall take effect and be in force from and after July 1, 1998.