A BILL TO BE ENTITLED
AN ACT EXEMPTING THE EMPLOYEES OF THE STATE BANKING COMMISSION FROM COVERAGE UNDER THE COMPENSATION PROVISIONS OF THE STATE PERSONNEL ACT.
The General Assembly of North Carolina enacts:
SECTION 1.  Article 8 of Chapter 53 of the General Statutes is amended by adding the following section to read:
"§ 53-96.1.  Salaries, promotions, and leave of employees of the Office of the Commissioner of Banks.
The employees of the Office of the Commissioner of Banks are exempt from Article 2 of Chapter 126 of the General Statutes. The exemption authorized by this section shall be used to develop organizational and compensation innovations that will result in the enhanced efficiency of operations. The Office of State Personnel shall assist the Commissioner of Banks in the development and implementation of an organizational structure and human resources programs that make the most appropriate use of the exemption. The Commissioner of Banks may, under the supervision of the Office of State Personnel, undertake human resources demonstration projects to develop and implement organizational and compensation innovations having the potential to benefit all State agencies."
SECTION 2.  By April 1, 2007, the Commissioner of Banks and the Office of State Personnel shall report jointly to the General Assembly on the results of the demonstration projects in meeting the agency's personnel needs and enhancing the efficiency of its operations.
SECTION 3.  This act becomes effective July 1, 2005.