Current Status Introducing Body:Senate Bill Number:1350 Primary Sponsor:Land Committee Number:06 Type of Legislation:GB Subject:County, municipality; fund distribution Residing Body:Senate Current Committee:Finance Computer Document Number:NO5/8153.BD Introduced Date:Mar 03, 1992 Last History Body:Senate Last History Date:Mar 03, 1992 Last History Type:Introduced, read first time, referred to Committee Scope of Legislation:Statewide All Sponsors:Land Type of Legislation:General Bill
Bill Body Date Action Description CMN
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1350 Senate Mar 03, 1992 Introduced, read first time, 06
referred to Committee
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TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 6-27-45 SO AS TO PROVIDE THAT NO COUNTY OR MUNICIPALITY MAY RECEIVE LESS FROM ITS CURRENT FISCAL YEAR DISTRIBUTION FROM THE LOCAL GOVERNMENT FUND THAN IT RECEIVED IN THE PREVIOUS FISCAL YEAR IF FUNDS AVAILABLE FOR DISTRIBUTION ARE AT LEAST EQUAL TO THE DISTRIBUTION IN THE PREVIOUS FISCAL YEAR.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. The 1976 Code is amended by adding:
"Section 6-27-45. Notwithstanding Section 6-27-40:
(1) If total funding available for distribution to counties from the Local Government Fund is at least the amount distributed in the previous fiscal year, no county may receive less from the fund in the current fiscal year than it received from the fund in the previous fiscal year.
(2) If total funding available for distribution to municipalities from the Local Government Fund is at least the amount distributed in the previous fiscal year, no municipality may receive less from the fund in the current fiscal year than it received from the fund in the previous fiscal year."
SECTION 2. This act takes effect upon approval by the Governor.