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2022 Session

Budget Amendments - SB30 (Floor Approved)

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Reflect Elimination of Sales Tax on Food

Item 452 #2s

Item 452 #2s

First Year - FY2023 Second Year - FY2024
Transportation
Department of Transportation FY2023 ($54,800,000) FY2024 ($135,300,000) NGF

Language
Page 472, line 2, strike "$4,575,045,286" and insert "$4,520,245,286".
Page 472, line 2, strike "$4,595,073,941" and insert "$4,459,773,941".


Explanation

(This amendment reduces Commonwealth Transportation Fund revenues by $190.1 million NGF over the biennium to reflect the elimination of the state portion of sales tax levied on food for human consumption and personal hygiene products. While the general fund forecast was adjusted for this proposed policy change, the introduced budget did not make an explicit downward adjustment to Commonwealth Transportation Fund revenues. Agency and modal allocations for the foregone revenue will be reflected in enrolling.)