REVENUE AND EXPENDITURE ACTS | |||||
OF | |||||
THE 1999 SESSION OF THE GENERAL ASSEMBLY | |||||
The regular session of the 112th General Assembly passed several acts affecting General Fund and Property Tax Replacement Fund revenues and expenditures. These acts and their estimated impacts are summarized as follows: | |||||
Act | No. | Digest of the Act | FY 1998-99 | FY 1999-00 | FY 2000-01 |
GENERAL FUND AND PTRF REVENUES | |||||
SEA | 3 | Nurse licensing endorsement | - | 10,000 | 10,000 |
SEA | 7 | Income tax deduction for insurance premiums | - | - | (300,000) |
SEA | 198 | Increase exemption for the elderly | - | (8,700,000) | (8,900,000) |
SEA | 234 | Taxation of rail car companies | - | (2,800,000) | (2,800,000) |
SEA | 247 | Renters deduction | - | (10,700,000) | (10,800,000) |
SEA | 297 | Increase exemption for dependents | - | (57,900,000) | (58,600,000) |
HEA | 1001 | Eliminate property tax add-back | - | (84,700,000) | (89,100,000) |
HEA | 1001 | Residential property tax deduction | - | (54,200,000) | (57,400,000) |
HEA | 1001 | Earned income credit for TANF MOE | - | (3,200,000) | (3,200,000) |
HEA | 2022 | Excise tax on trucks and trailers (1) | - | 3,250,000 | 3,250,000 |
TOTAL | - | (218,940,000) | (227,840,000) | ||
(1) Reduction in PTRF expenditure | |||||
GENERAL FUND APPROPRIATIONS AND IMPACTS | |||||
(Amounts have been incorporated into line item appropriations) | |||||
SEA | 1 | Public Access Counselor | - | 42,500 | 50,400 |
SEA | 47 | Misdemeanants | - | 1,800,000 | 1,800,000 |
SEA | 130 | Bd of Health Facility Administrators | - | 1,000 | 1,000 |
SEA | 235 | Education Round Table | - | 1,100,000 | 300,000 |
SEA | 293 | Hospice licensing and approval | - | 46,000 | 46,000 |
SEA | 662 | Land resources council | - | 124,500 | 124,500 |
HEA | 1001 | Personal Property Tax Credit | - | 41,200,000 | 84,200,000 |
HEA | 1093 | Retired employees health insurance | - | - | 636,500 |
HEA | 1148 | Courts bill | - | 1,687,138 | 2,111,643 |
HEA | 1547 | Project Impact | - | 100,000 | 100,000 |
HEA | 1649 | Central repository for controlled substances | - | 51,000 | 51,000 |
HEA | 1673 | Home Health Aid Registry | - | 48,500 | 48,500 |
HEA | 1698 | Postsecondary proprietary education grants | - | - | 4,000,000 |
HEA | 1909 | Brownfields remediation | - | 2,500,000 | 2,500,000 |
HEA | 1986 | TRF COLA | - | 42,400,000 | 47,400,000 |
1999 Bill Contingency Fund | - | 3,500,000 | 22,000,000 | ||
TOTAL | - | 94,600,638 | 165,369,543 | ||
The regular session of the 112th General Assembly passed several acts affecting dedicated fund revenues and expenditures. These acts and their estimated impacts are summarized as follows: | |||||
DEDICATED FUND REVENUES | |||||
SEA | 48 | Nonresident hunting & fishing licenses | - | 1,775,783 | 1,775,783 |
SEA | 234 | Taxation of rail car companies | - | 6,000,000 | 6,400,000 |
SEA | 234 | Taxation of rail car companies | - | (5,712,624) | (6,157,662) |
HEA | 1104 | Enforcement of tobacco laws | - | 60,000 | 60,000 |
HEA | 1184 | Donations to anatomical gift organizations | - | 500,000 | 500,000 |
HEA | 1578 | Underground storage tank fees | - | (3,289,000) | (3,289,000) |
HEA | 1604 | Snowmobile registration fees | - | 58,695 | 58,695 |
HEA | 1625 | Hunting license | - | 200,000 | 200,000 |
HEA | 1758 | Prepaid funeral service | - | 250,000 | 250,000 |
HEA | 1789 | Motor carrier fuel tax exemptions | - | (100,000) | (100,000) |
HEA | 1789 | Motor carrier fuel tax exemptions | - | 84,000 | - |
HEA | 2051 | Child Labor Law restrictions | - | 50,000 | 50,000 |
TOTAL | - | (123,146) | (252,184) | ||
DEDICATED FUND EXPENDITURES | |||||
HEA | 1093 | Retired employees health insurance | - | - | 636,500 |
HEA | 1095 | Children's special health care services | - | 575,024 | 575,024 |
HEA | 1184 | Donations to anatomical gift organizations | - | 50,375 | 30,375 |
HEA | 1446 | Criminal history check for school volunteers | - | 10,918 | 9,419 |
HEA | 1448 | Emergency Mgmnt Foundation license plates | - | 81,500 | 3,400 |
HEA | 1649 | Central repository for controlled substances | - | 51,000 | 51,000 |
HEA | 1717 | Credits for MV excise surtax | - | 99,379 | 27,379 |
HEA | 1789 | License plates | - | - | 118,500 |
TOTAL | - | 868,196 | 1,451,597 | ||