2008 Session

Budget Amendments - HB30 (Committee Approved)

View Budget Item
View Budget Item amendments

Literary Fund - Interest Subsidy Grants

Item 140 #9h

Item 140 #9h

First Year - FY2009 Second Year - FY2010
Education: Elementary and Secondary
Direct Aid To Public Education FY2009 $0 FY2010 $5,000,000 GF

Page 115, line 57, strike "$6,599,719,818" and insert "$6,604,719,818".
Page 136, line 35, strike "$15,000,000" and insert "$20,000,000".

(This amendment adds $5.0 million the second year from the general fund for Literary Fund Interest Rate Subsidy grants to school divisions. At the current market interest rates, the additional $5.0 million may be able to leverage up to a total of $40.0 million in new school construction loans.)