6541 AMH APP H5400.1

 

 

 

SB 6541 - H COMM AMD

By Committee on Appropriations

 

                                                                   

 

    On page 2, line 33, after "previous" strike "year's"

 

 

 

SB 6541 - H COMM AMD

By Committee on Appropriations

 

                                                                   

 

    On page 3, line 6, after "exceeds" strike "six" and insert "eight"

 

    On page 3, beginning on line 10, after "exceed" strike "two million dollars per fiscal year for the biennium" and insert "ten percent of the base amount as provided in this section"

 

 

 

    EFFECT:  Clarifies that the base amount is the previous biennial budget and modifies the budget development growth component.  The percentage change in sales tax revenue must be greater than eight percent.  The amount of the growth component may not exceed ten percent of the base amount.

 


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