View Amendment Current Amendment: DAD gf red to fund lg efa buses.DOCX to Bill 4701     Senator SHANE MARTIN proposes the following amendment (DAD GF RED TO FUND LG EFA BUSES):
    Amend the bill, as and if amended, Part IB, Section 118, STATEWIDE REVENUE, page 581, after line 12, by adding an appropriately numbered new proviso to read:

/(SR: General Fund Reduction) All general fund appropriations contained in this act are reduced by an amount sufficient to generate $548,969,422 in order to fully fund the Local Government Fund and the Education Finance Act and for School Buses. Excluded from this reduction is the Capital Reserve Fund; Commission on Higher Education: Life Scholarship, Palmetto Fellows and Educational Endowment (open-ended scholarship funds); Debt Service; Aid To Subdivisions-State Treasurer: Local Government Fund; Aid to Subdivisions-Department of Revenue: Homestead Exemption Fund; and Department of Education: Education Finance Act and Employer Contributions - EFA.
    The revenue realized from these reductions shall be distributed as follows:
        (1)     H63-Department of Education--Education Finance Act     $     441,632,222;
        (2)     X22-Aid to Subdivision-Local Government Fund     $     90,924,225;     and
        (3)     H63-Department of Education--School Buses     $     16,412,975. /

    Renumber sections to conform.
    Amend sections, totals and title to conform.