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2009 Session

Budget Amendments - SB850 (Member Request)

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Chief Patron: Wampler
FY 10 GF revenue estimate (language only)

Item 0 #2s

Item 0 #2s

Revenues
Revenues

Language
Page 2, line 5, strike "$15,622,022,377" and "$30,637,298,527" and insert "$14,409,022,377" and "$29,424,298,527")


Explanation
(This amendment reduces the FY 2010 general fund revenue estimate by $1.2 billion to reflect the Alternative Forecast (rather than Standard), based on Global Insight's November more pessimistic economic outlook which assumes an eight-quarter recession rather than a four-quarter recession. Other affected revenue totals will be adjusted in the enrolling process to reflect this change.)