South Carolina General Assembly
111th Session, 1995-1996

Bill 3647


                    Current Status

Bill Number:                    3647
Ratification Number:            217
Act Number:                     142
Type of Legislation:            General Bill GB
Introducing Body:               House
Introduced Date:                19950222
Primary Sponsor:                Ways and Means Committee HWM
                                30
All Sponsors:                   Ways and Means Committee
Drafted Document Number:        jic\5446htc.95
Date Bill Passed both Bodies:   19950613
Date of Last Amendment:         19950613
Governor's Action:              S
Date of Governor's Action:      19950705
Subject:                        Property tax relief

History



Body    Date      Action Description                       Com     Leg Involved
______  ________  _______________________________________  _______ ____________

------  19950705  Act No. A142
------  19950705  Signed by Governor
------  19950615  Ratified R217
Senate  19950613  Ordered enrolled for ratification
Senate  19950613  Conference Committee Report              88 SCC
                  received, adopted
House   19950612  Conference Committee Report              98 HCC
                  received, adopted
Senate  19950612  Free Conference powers granted,          89 SFCC Drummond
                  appointed Senators to Committee                  J.Verne Smith
                  of Free Conference                               Peeler
Senate  19950516  Conference powers granted,               88 SCC  Drummond
                  appointed Senators to Committee                  J.Verne Smith
                  of Conference                                    Peeler
House   19950511  Conference powers granted,               98 HCC  H. Brown
                  appointed Reps. to Committee of                  Felder
                  Conference                                       Harrell
House   19950511  Insists upon amendment
Senate  19950511  Non-concurrence in House amendment
House   19950511  Senate amendments amended,
                  returned to Senate
Senate  19950509  Amended, read third time,
                  returned to House with amendments
Senate  19950503  Read second time
                  with notice of general amendments,
                  carrying over all amendments
                  to third reading
Senate  19950427  Committee amendment adopted
Senate  19950425  Committee report: Favorable with         06 SF
                  amendment
Senate  19950321  Introduced, read first time,             06 SF
                  referred to Committee
House   19950316  Read third time, sent to Senate
House   19950316  Objection withdrawn by Representative            Knotts
House   19950315  Read second time
House   19950315  Amended
House   19950315  Reconidered vote whereby the bill
                  was continued
House   19950302  Continued
House   19950228  Objection by Representative                      Huff
                                                                   A. Young
                                                                   Felder
                                                                   Harrell
                                                                   Davenport
                                                                   Fulmer
                                                                   Robinson
                                                                   Kelley
                                                                   Knotts
                                                                   Carnell
House   19950222  Introduced, read first time,
                  placed on Calendar without reference

View additional legislative information at the LPITS web site.


(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

(A142, R217, H3647)

AN ACT TO AMEND SECTION 11-11-140, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE LIMITATION ON GENERAL FUND APPROPRIATIONS IN THE ANNUAL GENERAL APPROPRIATIONS ACT, SO AS TO PROHIBIT APPROPRIATIONS OF SURPLUS REVENUES BEFORE THE CLOSING OF THE STATE'S BOOKS FOR A FISCAL YEAR AND TO PROVIDE THAT THE AMOUNT UNAVAILABLE FOR APPROPRIATION IN THE ANNUAL GENERAL APPROPRIATIONS ACT PURSUANT TO THE LIMITATION, AFTER TRANSFER TO THE GENERAL FUND OF AMOUNTS NECESSARY TO OFFSET A RECOGNIZED BUDGET SHORTFALL FOR THE YEAR FOR WHICH THE LIMITATION APPLIED, IS APPROPRIATED TO THE PROPERTY TAX RELIEF FUND.

Be it enacted by the General Assembly of the State of South Carolina:

Surplus appropriated

SECTION 1. Section 11-11-140 of the 1976 Code, as last amended by Section 7, Part II, Act 497 of 1994, is further amended by adding at the end:

"(F) Notwithstanding the provisions of subsection (D), appropriations from surplus may not be expended before the Comptroller General's closing of the books on the fiscal year in which the surplus occurred. The surplus in this subsection, that is the calculated set-aside as defined in this section, after reduction by way of transfer to the general fund of such amount as necessary to offset any recognized budget shortfall for the fiscal year in which the set-aside surplus occurred, is appropriated for deposit in the State Property Tax Relief Fund. After the first year that the State Property Tax Relief Fund is fully funded, the procedure in subsection (D) must be applied."

Time effective

SECTION 2. This act takes effect upon approval by the Governor.

Approved the 5th day of July, 1995.