Reflect Elimination of Sales Tax on Food

Item 445 #1c

Language
Page 468, line 40, strike "$343,140,000" and insert "$341,267,073".
Page 468, line 40, strike "$278,700,000" and insert "$274,075,784".

Explanation

(This amendment reduces Commonwealth Transportation Fund revenues by $6.5 million from the nongeneral fund 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. The conference report includes companion amendments to adjust funding across the Secretariat to reflect the tax reduction.)