2020 Special Session I

Budget Amendments - HB5005 (Committee Approved)

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ABC Net Profit Transfer - FY 2021 and FY 2022 Gross Sales (language only)

Item 3-1.01 #4h

Item 3-1.01 #4h

Interfund Transfers


Page 233, set out Item § 3-1.01.

Item § 3-1.01, Paragraph 2.a., strike "$125,100,000" and insert "$129,700,000".

Item § 3-1.01, Paragraph 2.a., strike "$128,700,000" and insert "$133,500,000".


(This amendment is to an item not set out in the governor's introduced budget; it will be set out in the enrolling process. This amendment increases the expected transfer to the general fund of Alcoholic Beverage Control Authority net profits by $4.6 million in fiscal year 2021 and $4.8 million in fiscal year 2022. These amounts are based upon higher than assumed growth in gross sales in fiscal year 2020, and assume annual growth in gross sales of 4.5 percent in each of fiscal year 2021 and fiscal year 2022.)