2005 Session

Budget Amendments - HB1500 (Member Request)

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Chief Patron: Sickles
Restore Car Tax Relief Funding

Item 503 #2h

Item 503 #2h

First Year - FY2005 Second Year - FY2006
Central Appropriations
Central Appropriations FY2005 $0 FY2006 $223,156,873 GF

Page 457, line 37, strike "$742,389,232" and insert "$965,546,105".
Page 457, line 52, strike "Payments".
Page 457, strike lines 53 through 55.
Page 458, strike line 1.
Page 459, strike lines 36 through 52.
page 459, line 53, strike "G." and insert "F."

(This amendment restores a net $223.2 million general fund to the Personal Property Relief Act appropriation so that localities may be reimbursed for Car Tax payments in the state fiscal year in which the liability originates. This amount represents the $228.5 million total cost of restoration, less the $5.0 million included in House Bill 1500, as introduced, to indemnify towns from the delayed payments.)