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2016 Session

Budget Amendments - HB30 (Committee Approved)

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ABC Net Profit Transfer (language only)

Item 3-1.01 #1h

Item 3-1.01 #1h

Transfers
Interfund Transfers

Language

Page 442, line 39, strike "78,900,000" and insert "83,600,000".

Page 442, line 40, strike "79,500,000" and insert "89,100,000".



Explanation

(This amendment increases the transfer of net profits from the Department of Alcoholic Beverage Control to the general fund by $4,700,000 the first year and $9,600,000 the second year. A companion amendment to House Bill 29 increases the transfer of net profits by $3,800,000 in fiscal year 2016.)