2014 Session

Budget Amendments - SB30 (Committee Approved)

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Sales Tax Transfer (language only)

Item 3-5.03 #1s

Item 3-5.03 #1s

Adjustments and Modifications to Tax Collections
Implementation of Chapter 3, Acts of Assembly of 2004, Special Session I

Page 450, line 42, strike "$348,900,000" and insert "$351,816,000"
Page 450, line 42, strike "$361,100,000" and insert "$363,670,000"

(This amendment reflects the K-12 transfer component of the sales tax adjustments related to 1) Senate Bill 100 related to satellite television equipment ($1.0 million per year), 2) an adjustment to the expected impact of the 'Amazon' sales tax bill ($1.2 million), and 3) Senate Bill 611 related to compliance ($810,000 per year. Companion amendments to the front page and Item 136 reflect the related revenues and net additional spending in Direct Aid to Education.)