2002 Session

Budget Amendments - HB29 (Committee Approved)

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State's Share of Lottery Proceeds

Item 143 #1h

Item 143 #1h

First Year - FY2001 Second Year - FY2002
Education: Elementary and Secondary
Direct Aid To Public Education FY2001 $0 FY2002 ($3,593,650) GF

Page 120, line 24, strike "$2,549,995,255" and insert "$2,546,401,605".
Page 127, line 20, strike "213,164,123" and insert "216,757,773".

(This amendment represents the basic aid offset for the state share of the additional $6.0 million in lottery payments. The state normally distributes these additional proceeds based on state and local distribution of 60 percent state/40 percent local with the local share counting against the Lottery Hold Harmless. A companion amendment in Item 144 adds the $6.0 million, including the local share of the increased proceeds.)