Amendments for HB21-1164

House Journal, March 12
42 Amendment No. 1, by Speaker Garnett.
43
44 Amend printed bill, page 4, after line 12 insert:
45
46 "(IV) BEGINNING IN THE 2021-22 BUDGET YEAR AND FOR EACH
47 BUDGET YEAR THEREAFTER UNTIL THE GENERAL ASSEMBLY DETERMINES
48 THAT THE STABILIZATION OF THE STATE BUDGET NO LONGER REQUIRES A
49 REDUCTION IN THE AMOUNT OF THE ANNUAL APPROPRIATION TO FUND THE
50 STATE'S SHARE OF TOTAL PROGRAM, THE GENERAL ASSEMBLY SHALL
51 ENSURE THAT ANY AMOUNT OF SAVINGS TO THE STATE SHARE OF TOTAL
52 PROGRAM THAT OCCURS AS A RESULT OF THE DECREASE IN THE DISTRICT
53 PROPERTY TAX CREDITS PURSUANT TO SUBSECTIONS (2.1)(d)(II) AND
54 (2.1)(d)(III) OF THIS SECTION CONTINUES TO BE APPROPRIATED AS A
55 PORTION OF THE STATE SHARE OF TOTAL PROGRAM PURSUANT TO THIS
56 SECTION.".
1 As amended, ordered engrossed and placed on the Calendar for Third
2 Reading and Final Passage.
3