Bill Text: GA SR20 | 2011-2012 | Regular Session | Amended
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Taxpayer Protection Amendment of 2011; provide for limitations on state government taxation and expenditures-CA
Spectrum: Partisan Bill (Republican 6-0)
Status: (Engrossed - Dead) 2011-03-01 - House Second Readers [SR20 Detail]
Download: Georgia-2011-SR20-Amended.html
Bill Title: Taxpayer Protection Amendment of 2011; provide for limitations on state government taxation and expenditures-CA
Spectrum: Partisan Bill (Republican 6-0)
Status: (Engrossed - Dead) 2011-03-01 - House Second Readers [SR20 Detail]
Download: Georgia-2011-SR20-Amended.html
AM
21 3758
ADOPTED
Senator Cowsert of the 46th offered the following amendment:
Senator Cowsert of the 46th offered the following amendment:
Amend
the committee substitute to SR 20 (LC 18 9644ERS) by revising lines 38 through
44 as follows:
Paragraph
II.
Spending
limits. For
any fiscal year that commences on or after July 1, 2013, the fiscal
year spending as determined by the revenue estimate under Article III, Section
IX , Paragraph IV(b) shall not exceed the greater of:
(1)
An amount equal to the fiscal year spending for any previous fiscal year;
or
(2)
An amount equal to the immediately preceding fiscal year spending adjusted for
state government inflation and annual population
change.
