2012 Special Session I

Budget Amendments - HB1301 (Committee Approved)

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Sales Tax

Item 139 #4s

Item 139 #4s

First Year - FY2013 Second Year - FY2014
Education: Elementary and Secondary
Direct Aid To Public Education FY2013 $0 FY2014 $2,391,200 GF

Page 97, line 15, strike "$5,754,856,472" and insert "$5,757,247,672".
Page 97, line 48, strike "$1,202,500,000" and insert "$1,208,470,000".
Page 97, line 48, strike "$1,243,700,000" and insert "$1,250,570,000".

(This amendment reflects the net additional distribution to public education for additional sales tax revenue from Senate Bill 597 as passed on the presumption of registration for the collection of the tax. This reflects an increase in Sales Tax of $5.45 million the second year. After the Basic Aid offset, as Sales Tax first reduces the total Standards of Quality cost prior to the apportionment of the state and local shares, the net additional distribution is $2.4 million the second year.)