1998 Session

Budget Amendments - HB29 (Conference Report)

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Update Methodology for Compliance Costs (language only)

Item 3-1.01 #1c

Item 3-1.01 #1c

Interfund Transfers

Page 163, line 16, strike "$2,967,319" and insert "$3,463,819".
Page 163, line 19, strike "$1,327,934" and insert "$1,575,934".

(This amendment updates the methodology for determining the cost of sales tax compliance efforts by the Department of Taxation, consistent with the methodology in House Bill 30, as introduced. As a result of this amendment, local sales tax compliance payments are increased by $496,500 and transportation compliance payments are increased by $248,000.)