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This bill amends the District of Columbia Home Rule Act to allow the District of Columbia to establish the salary of its Chief Financial Officer through local law, rather than being limited to federal pay caps. The CFO would be paid at whichever is greater: the federal pay limit under 5 U.S.C. § 5307, or a rate set by D.C. law, with a provision that any D.C.-set rate cannot be reduced during an individual CFO's tenure.
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