S*0267(Rat #0031, Act #0195 of 1983)  Joint Resolution, By Drummond
 A Joint Resolution to authorize the South Carolina Employment Security
 Commission to expend up to five hundred thousand dollars of the funds made
 available to the State under Section 903 of the Social Security Act, as
 amended, for the purpose of erecting a building for use by the South Carolina
 Employment Security Commission and for the facilities and fixed equipment of
 the building.

   02/23/83  Senate Introduced, read first time, placed on calendar
                     without reference SJ-534
   02/24/83  Senate Read second time SJ-551
   02/25/83  Senate Read third time and sent to House SJ-558
   03/01/83  House  Introduced and read first time HJ-1215
   03/01/83  House  Referred to Committee on Ways and Means HJ-1215
   03/10/83  House  Committee report: Favorable Ways and Means HJ-1463
   03/16/83  House  Read second time HJ-1524
   03/17/83  House  Read third time and enrolled HJ-1573
   03/24/83         Ratified R 31
   03/24/83         Signed By Governor
   03/24/83         Effective date 03/24/83
   03/24/83         Act No. 195
   03/29/83         Copies available

A JOINT RESOLUTION TO AUTHORIZE THE SOUTH CAROLINA EMPLOYMENT SECURITY COMMISSION TO EXPEND UP TO FIVE HUNDRED THOUSAND DOLLARS OF THE FUNDS MADE AVAILABLE TO THE STATE UNDER SECTION 903 OF THE SOCIAL SECURITY ACT, AS AMENDED, FOR THE PURPOSE OF ERECTING A BUILDING FOR USE BY THE SOUTH CAROLINA EMPLOYMENT SECURITY COMMISSION AND FOR THE FACILITIES AND FIXED EQUIPMENT OF THE BUILDING.

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

Commission authorized to spend five hundred thousand dollars

SECTION 1. The South Carolina Employment Security Commission is authorized to expend up to five hundred thousand dollars of the funds made available to the State under Section 903 of the Social Security Act, as amended, for the purpose of erecting a building for the use of the South Carolina Employment Security Commission and for the facilities and fixed equipment of the building.

Limitation on expenditures

SECTION 2. Subject to the limitations below, the expenditures authorized herein may be made or obligated only during a period of two years from the effective date of this act. After such time the expenditures authorized herein may not be so made or obligated.

Limit on amounts obligated

SECTION 3. The amount obligated pursuant to this act during any twelve-month period beginning on July first and ending June thirtieth may not exceed the amount by which (a) the aggregate of the amounts credited to the account of this State pursuant to Section 903 of the Social Security Act during such twelve-month period and the thirty-four preceding twelve-month periods exceeds (b) the aggregate of the amounts obligated for adminstration and paid out for benefits and charged against the amounts credited to the account of this State during such thirty-five fiscal years.

Funds may be requisitioned

SECTION 4. Funds authorized to be expended under the provisions of Section 1 of this act may be requisitioned as needed by the commission for the payment of obligations incurred pursuant to the authorization and upon requisition must be deposited in the State's Employment Security Administration Fund, from which such payments must be made. The commission shall maintain a separate record of the deposit, obligation, and expenditure of funds so deposited. Funds so deposited must until expended remain a part of the unemployment fund, and if not expended, must be returned promptly tothe account of this State in the unemployment trust fund.

Time effective

SECTION 5. This act shall take effect upon approval by the Governor.