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2003 Session

Budget Amendments - SB700 (Member Request)

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Chief Patron: Hanger
Eliminate sales tax acceleration (language only)

Item 0 #1s

Item 0 #1s

Revenues
Revenues

Language
Page 2, line 11, strike "$10,780,807,733" and $22,118,665,620" and insert "$10,631,407,733" and "$21,969,265,620".
Page 2, line 19, strike "$12,154,880,726" and "24,307,637,810" and insert "$12,005,480,726" and "$24,158,237,810".
Page 2, line 33, strike "$27,967,665,430" and "54,335,162,397" and insert "$27,818,265,430" amd "54,185,762,397".


Explanation
(This amendment adjusts the FY 2003 revenue estimate downward by $149.4 million to reflect elimination of the early remittance of a portion of June sales tax receipts. This is a companion amendment to Item 4-12.00#2s.)