2014 Special Session I

Budget Amendments - SB5003 (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 "$350,570,294"
Page 450, line 42, strike "$361,100,000" and insert "$362,970,294"

(This amendment reflects the K-12 transfer component of the sales tax adjustments related to 1) Senate Bill 100 related to satellite television equipment ($1,170,294 per year), 2) an adjustment to the expected impact of the 'Amazon' sales tax bill ($500,000 the first year and $700,000 the second year). Companion amendments to the front page and Item 136 reflect the related revenues and net additional spending in Direct Aid to Education.)