Senate Bill NO. 3256

By Senator(s) Blackmon, Johnson(38), Simmons

It is the intention of the Legislature that should the revenue estimate for FY 2002 provide for a five and two-tenths percent (5.2%) increase then not less than Twenty-four Million Dollars ($24,000,000.00) shall be considered discretionary funds and the following amount shall be appropriated for FY 2002:

Ayers-related Programs $ 10,000,000.00

If the revenue estimate for FY 2002 exceeds a five and two-tenths percent (5.2%) increase then forty-two percent (42%) of that amount shall also be appropriated for Ayers-related Programs.

It is further the intention of the Legislature that should the revenue estimate for FY 2003 provide for a five and nine-tenths percent (5.9%) increase then not less than Eighty Million Dollars ($80,000,000.00) shall be considered new discretionary funds and the following amount shall be appropriated for FY 2003:

Ayers-related Programs $ 20,000,000.00

If the revenue estimate for FY 2003 exceeds a five and nine-tenths percent (5.9%) increase then twenty-five percent (25%) of that amount shall also be appropriated for Ayers-related Programs.

It is further the intention of the Legislature that should the revenue estimate for FY 2004 provide for a five and one-tenth percent (5.1%) increase then not less than One Hundred Million Dollars ($100,000,000.00) shall be considered new discretionary funds and the following amount shall be appropriated for FY 2004:

Ayers-related Programs $ 25,000,000.00

If the revenue estimate for FY 2004 exceeds a five and one-tenth percent (5.1%) increase then twenty-five percent (25%) of that amount shall also be appropriated for Ayers-related Programs.