Amend the amendment in Part J in section 1 in subsection 5-C in the 3rd line (page 576, line 30 in amendment) by striking out the following: " $73,306,246" and inserting the following: ' $45,296,918'

Amend the amendment in Part J in section 1 in subsection 5-C in the 4th line (page 576, line 31 in amendment) by striking out the following: " $85,949,391" and inserting the following: ' $55,100,308'

Amend the amendment in Part M in section 2 in the first paragraph in the 15th line (page 580, line 33 in amendment) by striking out the following: " 5.5%" and inserting the following: ' 6%'

Amend the amendment in Part Z in section 1 in the 2nd line (page 608, line 28 in amendment) by striking out the following: "$4,000,000"

Amend the amendment in Part Z in section 1 in the last line (page 608, line 30 in amendment) by inserting after the following: "Fund" the following: '$11,462,826 no later than June 30, 2014 and $53,667,735'

summary

This amendment increases the sales tax to 6% for the same duration as the temporary sales tax increase proposed in Committee Amendment "A." This amendment also funds state-municipal revenue sharing at the same level as in fiscal year 2013-14 for the 2014-2015 biennium. Revenue generated by the additional 1/2% sales tax above that needed for the flat funding of state-municipal revenue sharing is transferred to the Maine Budget Stabilization Fund.