H 4943 Joint Resolution, By W.D. Smith and Sinclair
Summary: Appropriations for operation of state government; annual increase in appropriations may not exceed average growth rate of State economy; constitutional amendment
    A JOINT RESOLUTION PROPOSING AN AMENDMENT TO SECTION 7, ARTICLE X OF THE CONSTITUTION OF SOUTH CAROLINA, 1895, RELATING TO THE LIMITATIONS ON STATE BUDGET EXPENDITURES AND STATE EMPLOYEES AND THE LIMITATIONS ON THE ANNUAL BUDGETS AND EXPENSES OF POLITICAL SUBDIVISIONS OF THE STATE AND SCHOOL DISTRICTS, SO AS TO PROVIDE THAT THE TOTAL OF STATE FUNDS FROM ALL SOURCES EXCEPT FEDERAL REVENUES APPROPRIATED FOR FISCAL YEARS BEGINNING AFTER 2005 MUST NOT EXCEED THE TOTAL OF SUCH APPROPRIATIONS FOR THE PRECEDING FISCAL YEAR BY MORE THAN THE PERCENTAGE INCREASE IN THE CONSUMER PRICE INDEX IN THE LAST COMPLETED CALENDAR YEAR, TO PROVIDE THAT THE GENERAL ASSEMBLY SHALL PROVIDE BY LAW THE INDEX USED TO MEASURE INCREASES IN THE CONSUMER PRICE INDEX FOR PURPOSES OF THIS LIMITATION, AND TO PROVIDE THAT THIS LIMITATION DOES NOT APPLY TO A BILL OR JOINT RESOLUTION APPROPRIATING FUNDS IN EXCESS OF THE LIMIT IF THE BILL OR JOINT RESOLUTION RECEIVES AN AFFIRMATIVE VOTE IN EACH HOUSE OF THE GENERAL ASSEMBLY BY AT LEAST TWO-THIRDS OF THE MEMBERS PRESENT BUT NOT LESS THAN THREE-FIFTHS OF THE TOTAL MEMBERSHIP OF EACH HOUSE.
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03/20/02	House	Introduced and read first time HJ-23
03/20/02	House	Referred to Committee on Ways and Means HJ-23