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H.B. 241

             1     

ANNUAL LEAVE ACCRUAL FOR STATE

             2     
EMPLOYEES

             3     
2000 GENERAL SESSION

             4     
STATE OF UTAH

             5     
Sponsor: James R. Gowans

             6      AN ACT RELATING TO STATE OFFICERS AND EMPLOYEES; MODIFYING CERTAIN
             7      PROVISIONS REGULATING CONVERSION OF ANNUAL LEAVE TO A DEFERRED
             8      COMPENSATION PLAN; AND MAKING TECHNICAL CORRECTIONS.
             9      This act affects sections of Utah Code Annotated 1953 as follows:
             10      AMENDS:
             11          67-19-12.7, as enacted by Chapter 125, Laws of Utah 1999
             12      Be it enacted by the Legislature of the state of Utah:
             13          Section 1. Section 67-19-12.7 is amended to read:
             14           67-19-12.7. Accumulated annual leave -- Conversion to deferred compensation plan.
             15          (1) The department shall implement a program [whereby] that allows an employee [may],
             16      [upon termination of employment or retirement,] in each calendar year, to elect to convert [any
             17      unused] up to 40 hours of annual leave into any of the employee's designated deferred
             18      compensation accounts that:
             19          (a) are sponsored by the Utah State Retirement Board; and
             20          (b) are qualified under Section 401(k) or Section 457 of the Internal Revenue Code.
             21          (2) Any annual leave converted under Subsection (1) shall be converted into the
             22      employee's deferred compensation account at the employee's pay rate at the time of [termination
             23      or retirement] conversion.
             24          (3) [No] An employee may not convert hours of accrued annual leave to the extent that any
             25      hours [so] converted would:
             26          (a) exceed the maximum amount authorized by the Internal Revenue Code for each
             27      calendar year[.]; or


             28          (b) cause the employee's balance of accumulated annual leave to drop below 144 hours.




Legislative Review Note
    as of 1-12-00 4:28 PM


A limited legal review of this legislation raises no obvious constitutional or statutory concerns.

Office of Legislative Research and General Counsel


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