2006 Special Session I

Budget Amendments - HB5002 (Conference Report)

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Sales Tax Holiday for TTF (language only)

Item 3-1.01 #13c

Item 3-1.01 #13c

Interfund Transfers

Page 481, after line 4, insert:
"AA. On or before June 30, 2007 and June 30, 2008, the State Comptroller shall transfer $400,000 from the general fund to the Transportation Trust Fund to reflect sales tax revenues not collected as a result of the provisions of Chapter 503, Acts of Assembly of 2006."

(This amendment ensures that the Transportation Trust Fund is held harmless from the impact of the sales tax holiday.)