South Carolina General Assembly
118th Session, 2009-2010

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H. 4441

STATUS INFORMATION

General Bill
Sponsors: Reps. Ott, Sellers, Bales, G.A. Brown, Jefferson, King, Dillard, Gunn, J.H. Neal, Clyburn, Cobb-Hunter, J.E. Smith, Vick, Funderburk, Knight, Harvin, Govan, Anthony, Hutto, Williams, Stavrinakis, Jennings, McLeod, Alexander, Battle, Branham, H.B. Brown, R.L. Brown, Hart, Hayes, Hodges, Hosey, J.M. Neal, Pinson and Weeks
Document Path: l:\council\bills\nbd\20803sd10.docx

Introduced in the House on January 27, 2010
Currently residing in the House Committee on Ways and Means

Summary: Supplemental appropriation bill

HISTORY OF LEGISLATIVE ACTIONS 

     Date      Body   Action Description with journal page number
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   1/27/2010  House   Introduced and read first time HJ-31
   1/27/2010  House   Referred to Committee on Ways and Means HJ-31

View the latest legislative information at the LPITS web site

VERSIONS OF THIS BILL

1/27/2010

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

A BILL

TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 2-7-61 SO AS TO PROVIDE THAT UNTIL THE GENERAL ASSEMBLY BY LAW OR THE CONSTITUTION OF THIS STATE PROVIDES FOR A RESERVE FUND OR FUNDS OF WHATEVER NAME AND DENOMINATION CONSISTING IN TOTAL OF MONIES APPROPRIATED FROM THE GENERAL FUND AT LEAST EQUAL TO TEN PERCENT OF THE GENERAL FUND REVENUE COLLECTED FOR THE MOST RECENTLY COMPLETED FISCAL YEAR, AND UNTIL SUCH RESERVE FUNDS HAVE UNENCUMBERED BALANCES IN AT LEAST THIS AMOUNT AS CERTIFIED BY THE OFFICE OF STATE BUDGET, A SUPPLEMENTAL APPROPRIATION BILL MAY NOT BE ENACTED BY THE GENERAL ASSEMBLY INTO LAW.

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

SECTION    1.    Chapter 7, Title 2 of the 1976 Code is amended by adding:

"Section 2-7-61.    Until the General Assembly by law or the Constitution of this State provides for a reserve fund or funds of whatever name and denomination consisting in total of monies appropriated from the general fund at least equal to ten percent of the general fund revenue collected for the most recently completed fiscal year, and until such reserve funds have unencumbered balances in at least this amount as certified by the Office of State Budget, a supplemental appropriation bill may not be enacted by the General Assembly into law."

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

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This web page was last updated on Monday, October 10, 2011 at 12:24 P.M.