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2010 Session

Budget Amendments - HB30 (Floor Approved)

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Reduce Sales Tax Transfer to DGIF -- Interest Earnings (language only)

Item 3-1.01 #1h

Item 3-1.01 #1h

Transfers
Interfund Transfers

Language
Page 370, line 6, strike the first "$10,635,320" and insert "$10,156,038".
Page 370, line 6, strike the second "$10,635,320" and insert "$10,156,038".


Explanation
(This amendment reduces the estimated transfer of sales taxes from the hunting, fishing, and other outdoors equipment purchases to the Department of Game and Inland Fisheries. A companion amendment eliminated the retention of an equal amount in earned interest from certain nongeneral funds controlled by DGIF that had been proposed in the introduced budget. The retention of those nongeneral funds' interest earnings would have disqualified the agency from any future collection of federal funds for its operations. This amendment offsets the loss of those funds' interest earnings to make the issue revenue neutral.)