Senate Amendment 26
H 4300 - Session 125 (2023-2024)
Appropriations Bill, 2023-2024

S E N A T E A M E N D M E N T

  AMENDMENT NO. _____  

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CREATEDATE \@ "MMMM d, yyyy" \* MERGEFORMAT April 19, 2023

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Clerk of the Senate

  ADOPTION NO. _____  

BILL NO: H.4300  (Reference is to Printer's Date 04/18/23-S.)

04572000 

 Senator SETZLER proposes the following amendment (AM ATHLETIC ADMISSIONS REVENUE):

 Amend the bill, as and if amended, Part IB, Section 117, GENERAL PROVISIONS, page 544, proviso 117.171, lines 13- 16, by striking the proviso in its entirety, and inserting:

/ (GP: Athletic Admissions Revenue) For the current fiscal year, revenue derived from the provisions of Section 12-21-2420 from admissions to an athletic event of an accredited college or university shall be remitted to the Department of Revenue pursuant to Section 12-21-2420. Thereafter, the Department of Revenue shall allocate the same amount to the college or university so long as the use of the revenue is limited exclusively to supporting the college or university's student-athletes through the provision of student aid, scholarship, and/or related financial support. /

Amend sections, totals and title to conform.