2003 Session

Budget Amendments - HB1400 (Member Request)

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Chief Patron: Dillard
Sales Tax Increase for Public Education (language only)

Item 0 #7h

Item 0 #7h


Page 2, line 11, strike "$11,337,857,887" and $22,118,665,620" and insert "$12,019,857,023" and "$22,800,664,756".
Page 2, line 19, strike "$12,152,757,084" and "$24,307,637,810" and insert "$12,834,756,220" and "$24,840,236,946".
Page 2, line 33, strike "$26,367,496,967" and "$54,335,162,397" and insert "$27,049,496,103" and "$55,017,161,533".

(This amendment adjusts the fiscal year 2004 revenue estimate upward by $682.0 million to reflect a one cent increase in the sales and use tax for public education, pursuant to House Bill 2433. Companion amendments in items 147 and 148 distribute one-half of the amount generated directly to local school divisions for public education and the other half for raising teacher salaries to the national average.)