View Amendment
Current Amendment: DAD 113.5 rfr.DOCX to Bill 4950
Senator RICE proposes the following amendment (DAD 113.5 RFR):
Amend the bill, as and if amended, Part IB, Section 113, AID TO SUBDIVISIONS - STATE TREASURER, page 471, proviso 113.5, lines 13 - 14, by striking the proviso in its entirety, and inserting
/
113.5. (AS-TREAS: LGF) For Fiscal Year
2017-18 2018-19, the provisions of Section 6-27-30 and Section 6-27-50 of the 1976 Code are suspended.
As required by Section 6-27-30 of the 1976 Code, an amount equal to not less than four and one-half percent of general fund revenues of the latest completed fiscal year must be appropriated to the Local Government Fund. If this requirement was not suspended for Fiscal Year 2018-19, an additional $118,591,723 would need to be appropriated for the Local Government Fund. /
Renumber sections to conform.
Amend sections, totals and title to conform.