Relating to caps on payment of persons who interact with state government.

Caps salary of state employees in executive, judicial and legislative branches hired on or after effective date of Act. Prohibits departments of state government from contracting with person to provide services to state if individual providing services is paid over certain amount. Directs executive department, judicial department and legislative department to report on savings realized as result of Act to Legislative Fiscal Officer. Directs Legislative Fiscal Officer to recommend to Joint Committee on Ways and Means that savings be transferred to Public Employees Retirement Fund to be applied against liabilities of Public Employees Retirement System.