Legislature(2003 - 2004)
2003-05-19 House Journal
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Full Journal pdf2003-05-19 House Journal Page 1969 with the: Journal Page FIN RPT 1DP 4DNP 6NR 1958 FN2: (HSS); FN3: (HSS) 1959 FN4: (HSS) 1959 FN5: (ADM/HSS) 1959 FN6: (HSS) 1959 Amendment No. 1 was offered by Representative Stoltze: Page 1, line 3, through page 3, line 23: Delete all material and insert: "* Section 1. AS 47.45 is amended by adding a new section to read: Sec. 47.45.015. Maximum income and assets for eligibility to receive longevity bonus. (a) In addition to the qualifications set out in AS 47.45.010 and other provisions of this chapter, eligibility for a bonus is restricted to individuals who meet the following income qualifications: (1) monthly income does not exceed $1,635 for an individual; or (2) monthly income does not exceed $2,208 for a couple. (b) A recipient must report any change in financial status on the monthly application submitted under AS 47.45.020. At least once a year, the department shall review the recipient's financial status to verify eligibility for bonuses under this section. (c) A period of ineligibility to receive bonuses under this section does not permanently disqualify the individual from receiving bonuses. * Sec. 2. The uncodified law of the State of Alaska is amended by adding a new section to read: APPLICABILITY. This Act applies to the eligibility determinations for longevity bonuses paid on or after July 1, 2003. * Sec. 3. The uncodified law of the State of Alaska is amended by adding a new section to read: TRANSITION: REGULATIONS. Notwithstanding sec. 5 of this Act, the commissioner of administration may proceed to adopt regulations necessary to implement the provisions of this Act. The regulations take effect under AS 47.45.100, but not before the effective date of secs. 1 and 2 of this Act. The regulations may be retroactive to the effective date of secs. 1 and 2 of this Act.