AMENDMENT(S) REJECTED BY THE SENATE

SEN. REYNOLDS (WITHDRAWN)

1. Line 496, substitute

strike

all of lines 496 through 516

insert

2. One-half of the revenue generated and collected pursuant to such increase, less the applicable portion of any refunds to taxpayers, shall be distributed to the counties and cities of the Commonwealth in accordance with subsections C and D.

SEN. REYNOLDS

2. Line 924, substitute

strike

all of lines 924 through 949

insert

G. The revenue generated and collected from the one-half of one percent increase in the state sales and use tax, beginning July 1, 2003, pursuant to §§ 58.1-603 and 58.1-604 shall be distributed to the counties and cities of the Commonwealth in accordance with subsections C and D.