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TO PROVIDE THAT BEGINNING IN FISCAL YEAR 2015-2016, EVERY EMPLOYEE OF A SCHOOL DISTRICT IN THIS STATE WITH AN ANNUAL SALARY LESS THAN TWENTY-FIVE THOUSAND DOLLARS, OR ITS HOURLY EQUIVALENT, MUST RECEIVE A PERMANENT FIVE PERCENT INCREASE IN ANNUAL SALARY.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Notwithstanding any other provision of law, beginning in Fiscal Year 2015-2016, every employee of a school district in this State with an annual salary of less than twenty-five thousand dollars, or its hourly equivalent, must receive a permanent five percent increase in annual salary. The amount of the increase must be calculated using the employee's salary, or its hourly equivalent, from Fiscal Year 2014-2015. However, the provisions of this section must not cause an employee's annual salary, or its hourly equivalent, to increase to more than twenty-five thousand dollars. This section applies to full and part time employees.
SECTION 2. This act takes effect upon approval by the Governor and is subject to funding by the General Assembly in the annual general appropriations act.
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