2020 Session

Budget Amendments - SB30 (Member Request)

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Chief Patron: Stuart
SB 332: Allocation of Remote Sales Tax Collections (language only)

Item 0 #6s

Item 0 #6s



Page 1, strike line 25 and insert:        


"Official Revenue Estimates





(This amendment reflects the necessary general fund revenue adjustment associated with SB 332. The bill would allocate sales tax revenues collected from remote sellers, pursuant to Chapters 815 and 816 of the Acts of Assembly of 2019, to the Transportation Trust Fund to be used for the maintenance and repair of existing highways. The amount of the general fund reduction is estimated at $85.2 million each year.)