2014 Special Session I

Budget Amendments - HB5002 (Floor Approved)

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Additional Sales Tax Transfer to Direct Aid (language only)

Item 3-5.03 #1h

Item 3-5.03 #1h

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 "$350,570,294".
Page 450, line 42, strike "$361,100,000" and insert "$362,970,294".

(This amendment reflects the net K-12 transfer component of the sales tax adjustments related to the passage of Senate Bill 100, which related to satellite television equipment ($2.3 million), and an adjustment to the expected impact of the 'Amazon' sales tax bill ($1.2 million). Companion amendments to the front page and Item 136 reflect the related revenues and net additional spending in Direct Aid to Education.)