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2019 Session

Budget Amendments - HB1700 (Floor Approved)

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Remove Capital Planning

Item C-44.20 #1h

Item C-44.20 #1h

First Year - FY2019 Second Year - FY2020
Central Appropriations
Central Capital Outlay FY2019 ($29,591,000) FY2020 $0 GF

Language
Page 538, line 28, strike "$29,591,000" and insert "$0".

Page 538, strike lines 27 though 49 and insert "Omitted."

Page 539, strike lines 1 through 5.



Explanation

(This amendment removes funding proposed in House Bill 1700 as introduced for proposed new capital planning. 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.)