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2003 Session

Budget Amendments - SB700 (Member Request)

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Chief Patron: Edwards
Retaliatory Costs to Other States Tax Credit (language only)

Item 0 #3s

Item 0 #3s

Revenues
Revenues

Language
Page 2, line 11, strike "$11,337,857,887" and $22,118,665,620" and insert "$11,336,757,887" and "$22,117,565,620".
Page 2, line 19, strike "$12,152,757,084" and "24,307,637,810" and insert "$12,151,657,084" and "$24,306,537,810".
Page 2, line 33, strike "$26,367,496,967" and "54,335,162,397" and insert "$26,366,396,967" and "54,334,062,397".


Explanation
(This amendment adjusts the FY 2004 revenue estimate downward by $1.1 million to reflect elimination of the limit on the retaliatory cost tax credit for insurance companies first qualifying for the credit as of January 1, 2001. This is a companion amendment to Item 3-5.04 #1s.)