2003 Session

Budget Amendments - HB1400 (Member Request)

View Budget Item
View Budget Item amendments

Chief Patron: Saxman
Sales Tax Acceleration (language only)

Item 4-12.00 #5h

Item 4-12.00 #5h

Effective Date
Effective Date

Page 611, strike lines 45 and 46.
Page 612, strike lines 1 through 44.
Page 612, line 46, strike "through tenth enactments", and insert "enactment".
Page 612, line 45, strike "11" and insert "5".
Page 612, line 45, strike "12" and insert "6".

(This amendment eliminates the requirement that a portion of June sales tax receipts be remitted early. A companion amendment in Item 0 (Revenues) shows the fiscal impact on the current budget - a downward revision of the fiscal year 2003 general fund revenue estimate of $149.4 million. This includes $128 million related to the three cent state sales tax and $21.4 million related to the Transportation Trust Fund portion of sales tax.)