South Carolina Legislature


 

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H 2011
Session 104 (1981-1982) 

H 2011 Joint Resolution, By R.L. Cobb, H.C. Granger, S.H. Howard, B.E. Huff, 
L. Phillips and J.L. Rampey

Similar(S 249, H 2141) A Joint Resolution proposing an amendment to Section 7 of Article X of the Constitution of South Carolina, 1895, relating to expenses of State government and political subdivisions, so as to provide that increases in expenditures of State funds in any one fiscal year shall not exceed expenditures of the prior year by a greater percentage than the average rate of annual growth in state personal income; provide for emergency suspension of the spending limitation by joint action of the Governor and the General Assembly and changes in the limitation of expenditure of State funds by statewide referendum; to require that the General Assembly appropriate adequate funds to implement any new or expanded State and local programs; to limit taxation to minimize an accumulation of excess revenue; and to provide that one-third of accumulated surplus funds shall be used to accelerate retirement of bonded debt and two-thirds for income tax credits. 11/24/80 House Prefiled 11/24/80 House Referred to Committee on Judiciary 01/13/81 House Introduced and read first time HJ-105 01/13/81 House Referred to Committee on Judiciary HJ-105



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