South Carolina Legislature




Instructions


 
Loading...
Session 115 - (2003-2004)Printer Friendly
(pdf format)
H*4475 (Rat #0384, Act #0256 of 2004) General Bill, By Harrell, W.D. Smith, Wilkins, Altman, Bingham, Ceips, Chellis, Clark, Cotty, Davenport, Edge, Frye, Gilham, Hagood, Hamilton, Harrison, Haskins, Hinson, Huggins, Koon, Leach, Limehouse, Littlejohn, Mahaffey, Martin, Merrill, E.H. Pitts, Quinn, Rice, Richardson, Simrill, D.C. Smith, G.M. Smith, G.R. Smith, J.R. Smith, Stewart, Stille, Taylor, Toole, Townsend, Tripp, Umphlett, Vaughn, Walker, White, Witherspoon, Young, Sandifer, Kirsh, Owens, Whitmire, Cato, Coates, Ott, Sinclair, Keegan, McGee, Perry, J.M. Neal, Emory, Pinson, Barfield, R.L. Brown, Weeks, Branham, Bailey, Battle, Neilson, Clemmons, Viers and Harvin
Similar (S 0854)
Summary: Fiscal Discipline Plan of 2004, B&C Board/state budgeting procedures
    AN ACT TO ENACT THE FISCAL DISCIPLINE PLAN OF 2004 BY DESIGNATING SECTION 6 OF ACT 356 OF 2002, RELATING TO ACTIONS NECESSARY FOR THE STATE BUDGET AND CONTROL BOARD TO COVER AN OPERATING DEFICIT, AS SECTION 11-11-180, CODE OF LAWS OF SOUTH CAROLINA, 1976, AND AMENDING IT TO REQUIRE AN OPERATING DEFICIT TO BE PLACED FIRST ON THE AGENDA OF THE STATE BUDGET AND CONTROL BOARD AT THE FIRST BOARD MEETING FOLLOWING THE COMPTROLLER GENERAL'S REPORT OF THE DEFICIT TO THE BOARD, BY PROVIDING FOR THE REPAYMENT OF THE ACCUMULATED STATE OPERATING DEFICIT AND TO PROVIDE THAT THE USE OF CAPITAL RESERVE FUND REVENUES TO REPAY A PRIOR-YEAR OPERATING DEFICIT IS A NONRECURRING PURPOSE WITHIN THE MEANING OF THE APPLICABLE CONSTITUTIONAL PROVISIONS, BY LIMITING GENERAL FUND APPROPRIATIONS GROWTH TO THREE PERCENT IN FISCAL YEARS 2004-2005 THROUGH 2008-2009 AND PROVIDING FOR THE USE OF SURPLUS REVENUES OVER THE SAME PERIOD, BY PROVIDING THAT THESE LIMITATIONS AND REQUIREMENTS NO LONGER APPLY WHEN THE FISCAL YEAR 2001-2003 OPERATING DEFICIT IS FULLY REPAID AND THE GENERAL RESERVE FUND IS FULLY RESTORED, AND BY PROVIDING THAT DURING THIS SAME PERIOD ANNUALLY REQUIRED TRANSFERS TO THE GENERAL RESERVE FUND MUST BE CONSIDERED RECURRING GENERAL FUND APPROPRIATIONS. - ratified title
View full text
12/17/03House Prefiled
12/17/03House Referred to Committee on Ways and Means
01/13/04House Introduced and read first time HJ-88
01/13/04House Referred to Committee on Ways and Means HJ-89
01/14/04House Member(s) request name added as sponsor: Owens
02/19/04House Committee report: Favorable with amendment Ways and Means HJ-3
02/25/04House Requests for debate-Rep(s). JE Smith, McLeod, and Scott HJ-43
02/25/04House Amended HJ-43
02/25/04House Debate interrupted HJ-44
02/25/04House Requests for debate-Rep(s). Harrell, Cooper, J Brown, JR Smith, Loftis, Umphlett, Altman, Kirsh, and GR Smith HJ-53
02/25/04House Member(s) request name added as sponsor: Whitmire, Cato, Coates, Ott, Sinclair, Keegan, McGee, Perry, J.M.Neal, Emory, Pinson, Barfield, R.L.Brown, Weeks, Branham, Bailey
02/26/04House Member(s) request name added as sponsor: Battle, Neilson
03/02/04House Member(s) request name added as sponsor: Clemmons, Viers
03/03/04House Member(s) request name added as sponsor: Harvin
03/04/04House Amended HJ-29
03/04/04House Read second time HJ-31
03/04/04House Roll call Yeas-92 Nays-0 HJ-31
03/04/04House Unanimous consent for third reading on next legislative day HJ-31
03/05/04House Read third time and sent to Senate HJ-3
03/09/04Senate Introduced and read first time SJ-14
03/09/04Senate Referred to Committee on Finance SJ-14
04/07/04Senate Committee report: Favorable with amendment Finance SJ-10
04/08/04 Scrivener's error corrected
05/06/04Senate Read second time SJ-31
05/06/04Senate Ordered to third reading with notice of amendments SJ-31
05/06/04Senate Debate interrupted SJ-31
05/12/04Senate Amended SJ-37
05/12/04Senate Debate interrupted SJ-37
05/19/04Senate Read third time and returned to House with amendments SJ-73
05/25/04House Senate amendment amended HJ-56
05/25/04House Returned to Senate with amendments HJ-59
06/02/04Senate Concurred in House amendment and enrolled SJ-35
06/03/04 Ratified R 384
06/14/04 Signed By Governor
06/24/04 Copies available
06/24/04 Effective date 06/14/04
06/24/04 Act No. 256



Legislative Services Agency
h t t p : / / w w w . s c s t a t e h o u s e . g o v