Menu
2002 Session

Budget Amendments - SB29 (Member Request)

View Budget Item
View Budget Item amendments

Chief Patron: Governor Warner
Eliminate Withholding Acceleration (language only)

Item 0 #9g

Item 0 #9g

Revenues
Revenues

Language
Page 1, line 45, strike "11,189,142,626" and "22,548,649,761" and insert "11,111,142,626" and "22,470,649,761".
Page 2, line 1, strike "12,342,076,106" and "24,833,905,253" and insert "12,264,076,106" and "24,755,905,253".
Page 2, line 12, strike "25,119,158,422" and "50,289,619,577" and insert "25,041,158,422" and "50,211,619,577".


Explanation
(This amendment decreases revenue by $78,000,000 in the second year by eliminating the acceleration of the collection of individual withholding tax revenue. A companion amendment is in Item 281.)