Download This Version in Microsoft Word format
TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 2-7-125 SO AS TO PROHIBIT THE APPROPRIATION OF SURPLUS FUNDS FOR RECURRING EXPENDITURES OF STATE AGENCIES, TO DEFINE "RECURRING EXPENSES", AND TO PROVIDE AN EXCEPTION.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Article 1, Chapter 7, Title 2 of the 1976 Code is amended by adding:
"Section 2-7-125. No bill or joint resolution may appropriate surplus funds for recurring expenditures of state agencies. For purposes of this section, 'recurring expenditures' are those items identified in state agency budgets that recur monthly in the normal operations budget of the agency and include personal services, fringe benefits, and other operating expenses that recur monthly. This section does not prohibit the appropriation or other use of surplus funds to prevent an operating deficit of a state agency."
SECTION 2. This act takes effect upon approval by the Governor.
This web page was last updated on Thursday, June 25, 2009 at 9:34 A.M.