995115
GENERAL APPROPRIATIONS BILL Committee Amendment
SB2500 EDU 2
Senator(s): Sullivan
moved the following amendment:
Section: 02 EXPLANATION:
On Page: 020 Proviso that makes $200 million of the FEFP
appropriation contingent on either (1) legislation
Spec App: 105 becoming law which offsets estimated losses in income
tax imposed by Chapter 220, F.S., resulting from
changes to the Internal Revenue Code contained in the
Job Creation and Worker Assistance Act of 2002 or
(2)the absence of legislation becoming law that would
have adopted by reference the Internal Revenue Code
changes contained in the Job Creation and Worker
Assistance Act of 2002.
NET IMPACT ON: Total Funds General Revenue Trust Funds
Recurring - 0 0 0
Non-Recurring - 0 0 0
_________________________________________________________________________________
Positions & Amount Positions & Amount
DELETE INSERT
EDUCATION, DEPARTMENT OF, AND
COMMISSIONER OF EDUCATION
Public Schools, Division Of
Program: State Grants/K-12 Programs -
FEFP 48250300
In Section 02 On Page 020
105 Aid To Local Governments 050560
Grants And Aids - Florida Educational
Finance Program IOEB
Insert the following new paragraph of proviso as the first paragraph of
proviso following Specific Appropriation 105 on age 20:
From the funds appropriated in Specific Appropriation 105, $200,000,000
is provided contingent on either: legislation becoming law, which
offsets the estimated losses in income tax imposed by Chapter 220, F.S.,
resulting from the adoption by reference the changes to the Internal
Revenue Code contained in the Job Creation and Worker Assistance Act of
2002; or the absence of legislation becoming law, which would have, for
995115 Log:0162 RDH/RDH 03/13/02 09:21:39 PM Senate Page: 1
purposes of Chapter 220, F.S., adopted by reference the changes to the
Internal Revenue Code contained in the Job Creation and Worker
Assistance Act of 2002. If, pursuant to these conditions, the
appropriation for Specific Appropriation 105 is reduced by $200,000,000,
the reduction for each district shall be calculated by prorating
$200,000,000 based on each district's share of the state total of all
funds included in the calculation of FEFP total potential funds.
Line item amendments are accepted as part of the amendatory process. However, due to the necessity of using computerized systems this may entail a different placement
within a budget entity or the renumbering of the specific appropriation items. |
995115 Log:0162 RDH/RDH 03/13/02 09:21:39 PM Senate Page: 2