2005 Session

Budget Amendments - SB700 (Member Request)

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Chief Patron: Chichester
Eliminate accelerated sales tax payment (language only)

Item 0 #3s

Item 0 #3s


"Page 1, line 50, strike 12,893,249,323 and insert 12,706,249,323"
"Page 1, line 50, strike 13,441,771,900 and insert 13,376,071,900"
"Page 2, line 11, strike 17,123,443,553 and insert 17,150,143,553"

(This amendment reduces general fund revenue by $187.0 million in the first year and $65.7 million in the second year, with a resulting increase in Transportation Trust Funds of $26.7 million in the second year, to reflect elimination of the accelerated sales tax payment by retail merchants in June 2005, as provided for in SB 709.)