South Carolina General Assembly
116th Session, 2005-2006

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Indicates Matter Stricken
Indicates New Matter

S. 1075

STATUS INFORMATION

Joint Resolution
Sponsors: Senators Leatherman, Drummond and Ryberg
Document Path: l:\s-res\hkl\019seco.mrh.doc

Introduced in the Senate on January 24, 2006
Currently residing in the Senate Committee on Finance

Summary: Second Injury Fund

HISTORY OF LEGISLATIVE ACTIONS 

     Date      Body   Action Description with journal page number
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   1/24/2006  Senate  Introduced and read first time SJ-7
   1/24/2006  Senate  Referred to Committee on Finance SJ-7

View the latest legislative information at the LPITS web site

VERSIONS OF THIS BILL

1/24/2006

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

A JOINT RESOLUTION

TO CLARIFY THE STATE BUDGET AND CONTROL BOARD'S ACTION TAKEN ON NOVEMBER 1, 2005, RELATING TO THE SECOND INJURY FUND'S ASSESSMENT.

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

SECTION    1.    The purpose of this joint resolution is to clarify the November 1, 2005, action of the State Budget and Control Board relating to the Second Injury Fund's assessment.

SECTION    2.    The State Budget and Control Board requests that the Second Injury Fund make due immediately and payable only fifty percent of the amount assessed; and the Fund make due and payable the remaining fifty percent of the amount assessed only if and when the State Budget and Control Board determines that fiscal year to date Fund disbursements project a Fund balance of less than fifty million dollars to occur before June 30, 2006.

SECTION    3.    This joint resolution takes effect upon approval by the Governor.

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