1999 Session

Budget Amendments - HB1450 (Committee Approved)

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No Loss Provision-Lottery Distribution

Item 138 #43h

Item 138 #43h

First Year - FY1999 Second Year - FY2000
Education: Elementary and Secondary
Direct Aid To Public Education FY1999 $0 FY2000 $125,164 GF

Page 112, line 10, strike "$2,253,054,721" and insert "$2,253,179,885".
Page 112, after line 40, insert:
No Loss Payments (17508).......................$0                  $125,164"
Page 135, after line 41, insert:
"18.  No Loss Payments
Pursuant to Item C-01,
$125,164 the second year from the general fund shall be disbursed by the Department of Education as set forth below.

Division FY 1998-99 FY 1999-00
Lee                                                      0                       9,750
Portsmouth                                          0                   115,414"

(This amendment would provide a hold harmless to two localities who would benefit more from a distribution of the second year lottery proceeds in C-01 based on the state share of a per-pupil distribution.)