2012 Special Session I

Budget Amendments - HB1301 (Committee Approved)

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Additional Sales Tax - Amazon

Item 139 #31h

Item 139 #31h

First Year - FY2013 Second Year - FY2014
Education: Elementary and Secondary
Direct Aid To Public Education FY2013 $0 FY2014 $1,768,172 GF

Page 97, line 15, strike "$5,754,856,472" and insert "$5,756,624,644".
Page 97, line 47, strike "$2,897,404,115" and insert "$2,895,142,287".
Page 97, line 48, srike "$1,243,700,000" and insert "$1,247,730,000".
Page 98, line 2, strike "$5,224,539,194" and insert "$5,226,307,366".

(This amendment provides a net of $1.7 million the second year from the general fund additional sales tax revenues collected as a result of the passage of the 'Amazon' sales tax bill, Senate Bill 597. The additional sales tax revenues are estimated at just over $4.0 million and the SOQ Basic Aid offset is estimated at $2.3 million in the second year.)