2019 Session

Budget Amendments - HB1700 (Committee Approved)

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Administrative Funding Pursuant to HB 2529

Item 273 #1h

Item 273 #1h

First Year - FY2019 Second Year - FY2020
Department of Taxation FY2019 $0 FY2020 $1,017,712 GF
FY2019 0.00 FY2020 10.00 FTE

Page 274, line 21, strike "$57,279,905" and insert "$58,297,617".


(This amendment provides $1.0 million, and 10 FTEs, for the Department of Taxation to fund the administrative impact pursuant to the passage of House Bill 2529 which deconforms the Commonwealth's tax code from the provisions of the federal Tax Cuts and Jobs Act (TCJA) that limit the deduction for state and local taxes and reduces the limits for the mortgage interest deduction. The amendment provides funding for 5 additional compliance positions and 5 additional customer service staff.)