5048-S.E AMH COND GAVC 101

ESSB 5048 - H AMD TO H AMD (H-2540.1/17) 352

By Representative Condotta

NOT ADOPTED 03/30/2017

    On page 17, line 27, decrease the general fund-state appropriation for fiscal year 2018 by $1,145,000

    On page 17, line 28, decrease the general fund-state appropriation for fiscal year 2019 by $1,145,000

    On page 18, line 26, correct the total

    On page 19, beginning on line 31 strike subsection (9)

    Renumber remaining subsections consecutively and correct internal references accordingly.

    On page 251, after line 9, insert the following:

    "NEW SECTION.  SEC. 756. FOR THE OFFICE OF FINANCIAL MANAGEMENT - STATEWIDE TOURISM MARKETING ACCOUNT.

General Fund-State Appropriation (FY 2019) .  .  .  .  .  $2,290,000

The appropriation in this section is subject to the following condition and limitation: The appropriation is provided solely for expenditure into the statewide tourism marketing account created in House Bill No. 1123 (concerning tourism marketing).  If House Bill No. 1123 is not enacted by June 30, 2017, the amount provided in this section shall lapse."

EFFECT:   Removes $2.29 million GF-S from the Department of Commerce for identifying and investing in strategic growth areas, for supporting key sectors, and for aligning existing economic development programs and priorities.  Appropriates $2.29 million

GF-S for expenditure into the Statewide Tourism Marketing Account created under HB 1123 (concerning tourism marketing).  The funding lapses if the bill is not enacted by June 30, 2017.

FISCAL IMPACT: No net change to appropriated levels.

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