2005 Session

Budget Amendments - SB700 (Member Request)

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Chief Patron: Stosch
Co-Patron(s): Bell, Blevins, Stolle, Watkins
Local Impact of Car Tax Cap

Item 503 #1s

Item 503 #1s

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 to 55.
Page 458, strike line 1.
Page 459, strike lines 36 to 60.
Page 460, strike lines 1 to 6.

(This amendment restores a net $223.2 million GF so that localities may be reimbursed for Car Tax payments in the state fiscal year in which the liability originates. This amount represents the $228.2 million total cost of restoration, less the $5.0 million included in SB 700, as introduced, to indemnify towns from the delayed payments. )