H 3991 Session 112 (1997-1998)
H 3991 Joint Resolution, By Easterday, Boan, Hamilton, Haskins, Quinn, Robinson and
Wilkins
A JOINT RESOLUTION PROPOSING AN AMENDMENT TO ARTICLE III, SECTION 36,
CONSTITUTION OF SOUTH CAROLINA, 1895, RELATING TO THE GENERAL RESERVE FUND,
THE CAPITAL RESERVE FUND, AND THE PURPOSES FOR WHICH THE MONIES IN SUCH FUNDS
MAY BE USED, SO AS TO ELIMINATE "OTHER NONRECURRING PURPOSES" FROM THE
PURPOSES FOR WHICH MONIES FROM THE CAPITAL RESERVE FUND MAY BE APPROPRIATED BY
THE GENERAL ASSEMBLY.
04/10/97 House Introduced and read first time HJ-98
04/10/97 House Referred to Committee on Ways and Means HJ-98
A JOINT RESOLUTION
PROPOSING AN AMENDMENT TO ARTICLE III, SECTION 36,
CONSTITUTION OF SOUTH CAROLINA, 1895, RELATING TO
THE GENERAL RESERVE FUND, THE CAPITAL RESERVE
FUND, AND THE PURPOSES FOR WHICH THE MONIES IN
SUCH FUNDS MAY BE USED, SO AS TO ELIMINATE "OTHER
NONRECURRING PURPOSES" FROM THE PURPOSES FOR
WHICH MONIES FROM THE CAPITOL RESERVE FUND MAY
BE APPROPRIATED BY THE GENERAL ASSEMBLY.
Be it enacted by the General Assembly of the State of South
Carolina:
SECTION 1. It is proposed that Article III, Section 36(B)(2) of the
Constitution of this State be amended to read:
"(2) After March first of a fiscal year, monies from the Capital
Reserve Fund may be appropriated by the General Assembly in
separate legislation upon an affirmative vote in each branch of the
General Assembly by two-thirds of the members present and voting,
but not less than three-fifths of the total membership in each branch
for the following purposes:
(a) to finance in cash previously authorized capital
improvement bond projects;
(b) to retire interest or principal on bonds previously issued;
(c) (c) for capital improvements or other
nonrecurring purposes."
SECTION 2. The proposed amendment must be submitted to the
qualified electors at the next general election. Ballots must be
provided at the various voting precincts with the following words
printed or written on the ballots:
"Shall Article III, Section 36 of the Constitution of this State
relating to the General Fund, the Capital Reserve Fund, and the
purposes for which the monies in such funds may be used be
amended so as to eliminate 'other nonrecurring purposes' from the
purposes for which monies from the Capital Reserve Fund may be
appropriated by the General Assembly?
Yes []
No []
Those voting in favor of the question shall deposit a ballot with a
check or cross mark in the square after the word 'Yes', and those
voting against the question shall deposit a ballot with a check or cross
mark in the square after the word 'No'."
-----XX----- |