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AI Summary: The bill proposes to reinstate longevity payments for federal employees, starting at 5% of their base salary after 10 years of service and increasing to 10% after 20 years of service, effective from July 1, 2024. This measure aims to provide financial incentives and rewards for long-serving federal employees.
Latest Action: Introduced, referred to House Finance
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Actions (3):
2024-01-19 : Introduced, referred to House Finance
2024-04-19 : Scheduled for hearing and/or consideration (04/25/2024)
2024-04-25 : Committee recommended measure be held for further study
Democrat Republican