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Synopsis As Introduced Amends the State Commemorative Dates Act. Provides that the date corresponding with the second new moon following the winter solstice, or the third new moon following the winter solstice should an intercalary month intervene, is a holiday to be observed throughout the State and to be known as the Lunar New Year. Provides that, when the Lunar New Year falls on a Saturday or Sunday, the following Monday shall be held and considered the holiday. Amends the Election Code, the Illinois Procurement Code, the School Code, and the Promissory Note and Bank Holiday Act to include the Lunar New Year as a holiday.
Replaces everything after the enacting clause with the provisions of the introduced bill with the following changes. Removes all changes to the Election Code, Illinois Procurement Code, and the Promissory Note and Bank Holiday Act. In the School Code, makes Lunar New Year an optional special holiday (rather than a mandatory legal holiday).
Fiscal Note, House Floor Amendment No. 1 (Dept. of Central Management Services)
HB 3790, as amended by HAM #1, will not require additional resources. Salaries will be paid, whether it is a State holiday or a regular workday. What will be lost is productivity. If productivity were to equate to the cost of salaries, CMS estimates its' payroll (1120) costs to be approximately $250,000 for the day. On a Statewide level, that payroll figure is estimated to be roughly $12.5 million.
Fiscal Note (Dept. of Central Management Services)
HB 3790 will not require additional resources. Salaries will be paid, whether it is a State holiday or a regular workday. What will be lost is productivity. If productivity were to equate to the cost of salaries, CMS estimates its' payroll (1120) costs to be approximately $250,000 for the day. On a Statewide level, that payroll figure is estimated to be roughly $12.5 million.
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