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2019 Session

Budget Amendments - HB1700 (Floor Approved)

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Maintain Supplemental Prog - GRASP

Item 135 #6h

Item 135 #6h

First Year - FY2019 Second Year - FY2020
Education
Direct Aid to Public Education FY2019 $0 FY2020 ($200,000) GF

Language
Page 134, line 4, strike "$32,373,459" and insert "$32,173,459".

Page 134, line 27, strike "$600,000" and insert "$400,000".

Page 135, line 21, strike "$32,373,459" and insert "$32,173,459".

Page 136, line 55, strike "$600,000" and insert "$400,000".



Explanation

(This amendment maintains the current funding amount for Great Aspirations Scholarship Program (GRASP) and saves $200,000 the second year from the general fund. This amendment removes funding proposed in House Bill 1700 as introduced for expanding GRASP. 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.)