5693-S AMS WILS S4999.2
SSB 5693 - S AMD 1226
By Senator Wilson, L.
NOT ADOPTED 02/25/2022
On page 26, line 11, increase the General Fund—State Appropriation (FY 2023) by $74,000
Adjust the total appropriation accordingly.
On page 31, after line 9, insert the following:
"(21) $74,000 of the general fund—state appropriation for fiscal year 2023 is provided solely for placing a constitutional amendment on the next general election ballot pursuant to Senate Joint Resolution No. 8206 (homestead property tax exemption). If the resolution is not enacted by June 30, 2022, the amount provided in this subsection shall lapse."
On page 125, line 17, increase the General Fund—State Appropriation (FY 2023) by $78,000
Adjust the total appropriation accordingly.
On page 135, after line 30, insert the following:
"(30) $78,000 of the general fund—state appropriation for fiscal year 2023 is provided solely for implementation of Senate Bill No. 5463 (residential property valuation). 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. 5463 (residential property valuation); and provides funding for placing a constitutional amendment on the next general election ballot pursuant to Senate Joint Resolution No. 8206 (homestead property tax exemption).
EXPENDITURE EFFECT (2021-2023): $152,000 Near General Fund—State/$152,000 Total Funds
FOUR-YEAR OUTLOOK EXPENDITURE EFFECT: $264,000 Near General Fund—State
REVENUE EFFECT (2021-2023): $0 Near General Fund—State/$0 Total Funds
FOUR-YEAR OUTLOOK REVENUE EFFECT: ($1,809,300,000) Near General Fund—State
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