South Carolina Legislature


 

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S 432
Session 103 (1979-1980)


S 0432 Joint Resolution, By D.E. Turnipseed, W.W. Doar, A.S. Goodstein, 
R.C. Lake, Land, I.E. Lourie, J.A. Martin, H.E. McDonald, J.E. Miles, C.G. Poag, 
H. Rubin, Saleeby, A.M. Sanders, Setzler, T.E. Smith, T. Turnipseed, 
J.H. Waller and T.D. Wise
 A Joint Resolution proposing an amendment to Section 36 of Article III of the
 Constitution of South Carolina, 1895, relating to a procedure to govern State
 General Fund Operating Budgets, to limit general appropriations for the
 operation of State government to ninety-five percent of the annual official
 revenue estimates and to require a State reserve fund equal to five percent of
 the general fund revenue of the last completed fiscal year, so as to delete
 such provisions and to make provisions to prohibit the General Assembly from
 appropriating more than ninety-five percent of the revenue anticipated for any
 one year and to permit any balance to be used during the next fiscal year for
 nonrecurring capital expenditures.
   04/11/79  Senate Introduced and read first time SJ-3
   04/11/79  Senate Referred to Committee on Finance SJ-3




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