South Carolina General Assembly

General Appropriations Bill H. 4700 for the fiscal year beginning July 1, 1998

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31                       SECTION 40
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33     TO AMEND SECTION 11-9-880, AS AMENDED, OF THE 1976 CODE, RELATING TO FORECASTS OF ECONOMIC
34     CONDITIONS BY THE BOARD OF ECONOMIC ADVISORS, SO AS TO REQUIRE THE BOARD TO INCLUDE IN EACH
35     OF ITS OFFICIAL GENERAL FUND REVENUE FORECASTS AND ADJUSTED FORECASTS A SEPARATE LINE ITEM


PART II PAGE 566 1 REFLECTING THE ESTIMATED IMPACT OF THE STATE'S ANTICIPATED RECEIPT OF FEDERAL MEDICAID FUNDS 2 ON GENERAL FUND REVENUE. 3 4 Section 11-9-880 of the 1976 Code is amended by adding: 5 6 "(D) The board shall include in each of its official general fund revenue forecasts and adjusted forecasts a separate line item reflecting 7 the estimated impact of the state's anticipated receipt of Federal Medicaid funds on general fund revenue." 8 9 10 END OF PART II 11 12 All acts or parts of acts inconsistent with any of the provisions of Part I of this act are suspended for the Fiscal Year 13 1998-99. 14 All acts or parts of acts inconsistent with any of the provisions of Part II of this act are repealed. 15 Except as otherwise specifically provided herein, this act takes effect immediately upon its approval by the Governor.