5693-S AMS WILJ S4946.2
SSB 5693 - S AMD 1210
By Senator Wilson, J.
NOT ADOPTED 02/25/2022
On page 125, line 17, increase the General Fund—State Appropriation (FY 2023) by $320,900
Adjust the total appropriation accordingly.
On page 135, after line 30, insert the following:
"(30) $320,900 of the general fund—state appropriation for fiscal year 2023 is provided solely for implementation of Senate Bill No. 5440 (eliminating the business and occupation tax on manufacturing). If the bill is not enacted by June 30, 2022, the amount provided in this subsection shall lapse."
EFFECT: Provides funding for implementation of Senate Bill No. 5440 (eliminating the B&O tax on manufacturing).
EXPENDITURE EFFECT (2021-2023): $320,000 Near General Fund—State/$320,000 Total Funds
FOUR-YEAR OUTLOOK EXPENDITURE EFFECT: $370,000 Near General Fund—State
REVENUE EFFECT (2021-2023): ($138,000,000) Near General Fund—State/($138,000,000) Total Funds
FOUR-YEAR OUTLOOK REVENUE EFFECT: ($578,000,000) Near General Fund—State
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