2017 Session

Budget Amendments - HB1500 (Conference Report)

View Budget Item
View Budget Item amendments

Revise Sales Tax Transfer for Education (language only)

Item 3-5.03 #1c

Item 3-5.03 #1c

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


Page 528, line 32, strike "$374,009,559" and insert "$374,290,339".


(This amendment updates the estimated amount to be transferred to the general fund from the Public Education Standards of Quality/Local Real Estate Property Tax Relief Fund by $280,780 in the second year, due to the impact of Senate Bill 1390/House Bill 1913 (Chapter 112). Companion amendments reflect the additional resources and the net additional amount of Direct Aid funding.)