I offer the following amendment. I further ask consent that this be the final amendment allowed.(24 hours to object to that) :
Southern Budget Act
Section 1: This bill will hereby be known as the Southern Budget Act of 2019
Section 2: Spending and Appropriations
A: for the fiscal period beginning in March of 2019, the following departments will be funded at the following levels
* Pensions
Base: $68.00 Billion
Total: $68.00 Billion (100.00%)
* Healthcare
Base: $200.53 Billion
Jeb Stuart Act: $500,000
Raccoon Resistance Act: $20 Million
Doctors and Hospitals Act: $149 Million
Generic Spending: $190.00 Billion
Total: $190.17 Billion (94.83%)
* Education
Base: $120.00 Billion
Development of Foreign Language Programs in Schools Act: $10 Million
Young Athletes Act: $5 Million
School is Cool Act: $5 Million
Opidate Overdose Prevention Act: $2 Million
Teaching Incentives Act: $76 Million
Go South Young Man Act: $735 Million
Generic Spending: $105.00 Billion
Total: $105.83 Billion (88.19%)
* Defense
Base: $0.80 Billion
Total: $0.50 Billion (62.50%)
* Welfare
Base: $38.39 Billion
Prison Reform Act: $170 Million
Inmate Resources: $165 Million
Obsolete Crimes Deletion: $30 Million
Generic Spending: $30.39 Billion
Total: $30.76 Billion (80.12%)
* Protection/Security
Base: $28.00 Billion
Total: $30.00 Billion (107.14%)
* Transportation
Base: $70.20 Billion
Naval Infrastructure Spending Act: $8 Billion
Everglades Protection: $10 Million
Fast Act Amendments: $3 Million
Generic Spending: $40.00 Billion
Total: $48.01 Billion (68.39%)
* General Government
Base: $14.96 Billion
Rough Bulldog Act: $8,000
Sales Tax Exemption: $7.45 Million
Southern Tax Relief Credit: $860 Million
Tax-Exempt HSAs Act: $19 Million
Asset Seizure: $311 Million
Generic Spending: $9.96 Billion
Total: $11.16 Billion (74.60%)
* Discretionary
Base: $20.00 Billion
Total: $50.00 Billion (250%)
Total Regional Spending: $534.43 Billion
Section 3: Taxes and Revenue
A: For the fiscal period beginning in March 2019, taxes and revenues collected shall be the following:
* Income Tax
Base: $110.18 Billion
Corporate (5% Tax): $25.15 Billion
Total: $135.33 Billion
* Social Security
Base: $73.68 Billion
Total: $73.68 Billion (0% tax)
* Additional/Ad Valorem
Base: $223.75 Billion
Excise/Marijuana: $3.70 Billion per year (20% Tax)
Prison Reform Act: $ 22 Million per year
Animal Welfare Act Tokens: $360,000
Celebrating Southern Region Act: $3.2 Million
Opiate Overdose Prevention Act: $829 Million per year
Abortion-related Taxes: $13 Million per year
Online Lottery Act: $310 Million per year
Gambling Taxes: $1.3 Billion per year
Total: $229.93 Billion
* Fees and Charges
Base: $95.52 Billion
Real ID Compliance: $20 Million
Gambling Act: $505.5 Million per year
Better Skools Act: $18 Million
Ban Ban Ban Act: $21.5 Million
One More Year Act: $8 Million
Total: $96.09 Billion
* Business and Other Revenue
Base: $57.84 Billion
Total: $57.84 Billion (0% Tax)
Total regional revenue: $592.87 Billion
Reserves: $22.00 Billion
Balance: +$80.44 Billion
Section 4: Implementation
This bill will take effect immediately upon becoming law
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Pursuant to the Rule, the Amendment is debatable for 12 hours.
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This amendment makes a variety of additions and corrections to accurately reflect the action of the Chamber over the last year. As we near the end of the process, I thank all those who helped with this process and sorted through what was a very messy set of 2018 budgets. I urge the adoption of the amendment.