Pub. L. 114-198, tit. IX, subtit. E, sec. 951

MODIFICATION TO LIMITATION ON AWARDS AND BONUSES.

EnactedYear: 2016Length: 184 wordsOfficial source
SEC. 951. MODIFICATION TO LIMITATION ON AWARDS AND BONUSES. Section 705 of the Veterans Access, Choice, and Accountability Act of 2014 (Public Law 113–146; 38 U.S.C. 703 note) is amended to read as follows:“SEC. 705. LIMITATION ON AWARDS AND BONUSES PAID TO EMPLOYEES OF DEPARTMENT OF VETERANS AFFAIRS.“(a) Limitation.—The Secretary of Veterans Affairs shall ensure that the aggregate amount of awards and bonuses paid by the Secretary in a fiscal year under chapter 45 or 53 of title 5, United States Code, or any other awards or bonuses authorized under such title or title 38, United States Code, does not exceed the following amounts:“(1) With respect to each of fiscal years 2017 through 2018, $230,000,000.“(2) With respect to each of fiscal years 2019 through 2021, $225,000,000.“(3) With respect to each of fiscal years 2022 through 2024, $360,000,000.“(b) Sense of Congress.—It is the sense of Congress that the limitation under subsection (a) should not disproportionately impact lower-wage employees and that the Department of Veterans 130 STAT. 779 Affairs is encouraged to use bonuses to incentivize high-performing employees in areas in which retention is challenging.” .
Pub. L. 114-198, tit. IX, subtit. E, sec. 951: MODIFICATION TO LIMITATION ON AWARDS AND BONUSES. | Justis AI