2015 Session

Budget Amendments - HB1400 (Committee Approved)

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Eliminate Proposed Changes to AST (language only)

Item 3-5.07 #1h

Item 3-5.07 #1h

Adjustments and Modifications to Tax Collections
Accelerated Sales Tax

Page 514, line 25, strike "$2,500,000" and insert "$3,500,000".

(This amendment increases the threshold level determining who is required to expedite their payment of June sales tax collections from $2.5 million to $3.5 million effective June, 2015. This reduces the total general fund revenues collected in fiscal year 2015 by $10.2 million.)