2004 Special Session I

Budget Amendments - HB5001 (Conference Report)

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Sales Tax Distribution from Elimination of Certain Sales Tax Exemptions

Item 147 #2c

Item 147 #2c

First Year - FY2005 Second Year - FY2006
Education: Elementary and Secondary
Direct Aid To Public Education FY2005 $17,685,714 FY2006 $21,285,714 GF

Page 128, line 28, strike "$1,279,045,675" and insert "$1,296,731,389".
Page 128, line 28, strike "$1,328,043,698" and insert "$1,349,329,412".

(This amendment provides an additional $39 million in the biennium from the one cent portion of sales tax collections dedicated to public education from revenues generated through the elimination of certain sales tax exemptions. There is a companion amendment in Item 146 that reflects the associated offset in Basic Aid.)