995054 GENERAL APPROPRIATIONS BILL Committee Amendment SB0002A EDU 12 Senator(s):Dawson, Miller, and Margolis moved the following amendment:Section: 02 EXPLANATION: On Page: 016 Provides for a $50 million increase in the Public Florida Student Assistance Grant Program through delay Spec App: 54 in the phaseout of the intangibles tax. NET IMPACT ON: Total Funds General Revenue Trust Funds Recurring - 50,000,000 50,000,000 0 Non-Recurring - 0 0 0 _________________________________________________________________________________ Positions & Amount Positions & Amount DELETE INSERT EDUCATION, DEPARTMENT OF Office Of Student Financial Assistance Program: Student Financial Aid Program - State 48200200 In Section 02 On Page 016 54 Financial Assistance Payments 110096 Student Financial Aid IOEC 1000 From General Revenue Fund 64,906,521 114,906,521 CA 50,000,000 FSI1 50,000,000 Following Specific Appropriation 54, remove from the bill: Florida Student Assistance Grant - Public Full & Part Time. 67,548,740 and insert in lieu thereof: Florida Student Assistance Grant - Public Full & Part Time. 117,548,740 Of this amount, $50,000,000 is hereby appropriated and is contingent upon the passage of legislation in Special Session A of 2003 that amends Section 2 of Chapter 2001-371, Laws of Florida, to delay until July 1, 2004, an increase in the intangibles tax exemption for every natural person and husband and wife filing jointly, and the creation of an exemption for every taxpayer that is not a natural person.
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. 995054 Log:0018 PGB/PGB 05/15/03 06:16:26 PM Senate Page: 1