2019 Session

Budget Amendments - HB1700 (Committee Approved)

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Central Appropriations - Remove Proposed New Funding

Item 475 #4h

Item 475 #4h

First Year - FY2019 Second Year - FY2020
Central Appropriations
Central Appropriations FY2019 ($8,000,000) FY2020 ($11,000,000) GF

Page 498, line 46, strike "$43,637,316" and insert "$35,637,316".
Page 498, line 46, strike "$70,862,344" and insert "$59,862,344".

Page 404, strike lines 22 through 56.

Page 405, strike line 1.


(This amendment removes funding proposed in House Bill 1700 as introduced for proposed new funding intiatives. The Committee budget funding levels were limited to the additional dollars available pursuant to the economic reforecast presented in December, identified programmatic savings, and revenues generated by legislation expanding the collection of sales tax attributable to internet sales. All revenues attributable to the Tax Cuts and Jobs Act (TCJA) are captured in the Taxpayer Relief Fund and the Revenue Reserve Fund in Item 475.10. This required removing approximately $1.2 billion in spending compared to House Bill 1700 as introduced. State financial aid was increased in fiscal year 2020 by $18.9 million as part of the 2018 Session budget actions. A companion amendment in Item 475.20 creates funding for the Tech Talent Investment Program in accordance with House Bill 2490 and specific capital outlay projects are identified in Item C-20.20.)