CS FOR HOUSE BILL NO. 176(FIN) "An Act repealing state employee salary schedule increases; and providing for an effective date." 3:16:32 PM Vice-Chair Micciche spoke to the three fiscal notes. Co-Chair MacKinnon solicited comments from the committee. 3:18:47 PM Co-Chair Kelly said that all state employees would forego the 2.5 percent cost of living adjustment (COLA) for an anticipated savings of $9.2 million. He asserted that the legislature was not breaking any promises through the passage of HB 176, or the budget action the committee had taken, but in certain financial situations the legislature had to take action to protect the state's reserves and spend less money. He stressed that no employee would be experience a reduction in pay, they would be foregoing a raise due to a shortfall of revenue. 3:21:29 PM Co-Chair MacKinnon added that the committee appreciated all of the state employees, but that the fiscal crisis made the committee action a necessity. 3:21:59 PM Vice-Chair Micciche MOVED to report CS HB 176(FIN) out of Committee with individual recommendations and the accompanying fiscal notes. There being NO OBJECTION, it was so ordered. CSHB 176 was REPORTED out of committee with a "do pass" recommendation and with three previously published fiscal notes: FN1 (AJS), FN2 (GOV), and FN3 (LEG). 3:22:29 PM AT EASE 3:23:30 PM RECONVENED