SSHB250 416 4016 HOUSE SUMMARY OF SENATE AMENDMENTS HB 250 2023 Regular Session Bishop ASSESSORS: Authorizes assessors in each parish to increase their annual compensation Synopsis of Senate Amendments 1.Changes the one-time increase in annual compensation for calendar year 2023 from 2% to 5%. 2.Changes the additional compensation an assessor may receive from an annual increase not to exceed 2% each year for the term beginning on Jan. 1, 2025, to not more than 5% for the term beginning after Dec. 31, 2024. 3.Deletes the requirement that the additional per-term increase in annual compensation shall become effective 30 days after the increase is disclosed at a public meeting of the parish governing authority of the parish in which the assessor's office is situated if the assessor publishes notice in the parish's official journal of his intent to increase his compensation on two separate days. Digest of Bill as Finally Passed by Senate Present law requires assessors in each parish to receive annual compensation in the following amounts for the performance of all duties required of them in present law based on the following applicable population ranges: (1)If population is 50,000 or less, annual compensation of $88,290. (2)If population is 50,001 to 249,999, annual compensation of $98,290. (3)If population is greater than 250,000, annual compensation of $108,290. Present law authorizes the following compensation in addition to the annual compensation set forth in present law: (1)10% of annual compensation as a personal expense allowance. (2)One-time 7% increase after successful completion of a program to be a certified La. assessor and approval by a certification committee. (3)One-time $10,000 increase effective July 1, 1999. (4)One-time increase of not exceeding $7,000. (5)Beginning in calendar year 2013 and ending in calendar year 2016, an increase of up to 4% each calendar year over four calendar years. Proposed law retains present law and authorizes an assessor to increase his annual compensation by not more than 5% in calendar year 2023. Proposed law further authorizes, for the term beginning after Dec. 31, 2024 only, an assessor to increase his annual compensation by not more than 5%. Effective July 1, 2023. (Amends R.S. 47:1907(A)(1); Adds R.S. 47:1907(L) and (M)) Page 1 of 1