Fiscal Note

SB0196S01 - Executive Compensation Amendments

State Impact:
Enactment of this bill will not require additional appropriations. Based on FY 2007 salaries, if this bill is enacted, the Governor could set the annual salaries of board or commission executives, as defined in the bill, up to a maximum of $103,000 and the annual salaries of other appointed executives between $57,600 and $136,450 (current annual salary levels range between $66,800 and $90,600, $72,400 and 97,600, $78,700 and $106,200, and $85,700 and $115,700). Any increased costs due to compensation increases will depend upon actions of the Governor.

Individual, Business and/or Local Impact:
Enactment of this bill likely will not result in direct, measurable costs and/or benefits for businesses or local governments. Any increases in compensation for the state officers identified in UCA 67-22-2 will depend upon actions of the Governor.