2003 Session

Budget Amendments - SB700 (Member Request)

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Chief Patron: Governor Warner
Adjust Estimates of Onc-Cent Sales Tax Distribution

Item 148 #1g

Item 148 #1g

First Year - FY2003 Second Year - FY2004
Education: Elementary and Secondary
Direct Aid To Public Education FY2003 $0 FY2004 $4,500,000 GF

Page 159, line 8, strike "$1,195,910,149" and insert "$1,200,410,149".

(This amendment increases the estimate of the one-cent sales tax distribution for fiscal year 2004 by $4.5 million. This estimate includes the expected impact from vendor registration and tax compliance initiatives. There is a companion amendment that offsets basic aid in Item 147.)