"Section 48-59-60. To receive and hold revenues of the bank, there is created in the State Treasury separate and distinct from all other funds the South Carolina Conservation Bank Trust Fund. Earnings on the trust fund are retained in the trust fund and unexpended trust fund revenues at the end of a fiscal year are carried forward in the trust fund. The trust fund may receive revenues
from any source the General Assembly may provide by law and from governmental grants and private gifts and bequests. Effective July 1, 2013, the fund must not receive any state funds, whether from appropriations or transfers from other state agencies. Trust fund revenues may be used only as provided in this chapter." /
Renumber sections to conform.
Amend title to conform.