Current Status Introducing Body:
HouseBill Number: 3842Ratification Number: 244Act Number: 167Primary Sponsor: T.C. AlexanderType of Legislation: GBSubject: Unemployment Trust FundDate Bill Passed both Bodies: Jun 06, 1991Computer Document Number: DKA/3319.SDGovernor's Action: SDate of Governor's Action: Jun 12, 1991Introduced Date: Apr 11, 1991Last History Body: ------Last History Date: Jun 12, 1991Last History Type: Act No. 167Scope of Legislation: StatewideAll Sponsors: T.C. AlexanderType of Legislation: General Bill
Bill Body Date Action Description CMN ---- ------ ------------ ------------------------------ --- 3842 ------ Jun 12, 1991 Act No. 167 3842 ------ Jun 12, 1991 Signed by Governor 3842 ------ Jun 06, 1991 Ratified R 244 3842 Senate Jun 06, 1991 Read third time, enrolled for ratification 3842 Senate Jun 05, 1991 Read second time, unanimous consent for third reading on Thursday, June 6 3842 Senate May 29, 1991 Recalled from Committee 12 3842 Senate May 27, 1991 Introduced, read first time, 12 referred to Committee 3842 House May 23, 1991 Read third time, sent to Senate 3842 House May 22, 1991 Read second time 3842 House May 15, 1991 Committee Report: Favorable 26 3842 House Apr 11, 1991 Introduced, read first time, 26 referred to CommitteeView additional legislative information at the LPITS web site.
(A167, R244, H3842)
AN ACT TO AMEND SECTION 41-33-150, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE REQUISITIONING AND USE OF MONEY IN THE UNEMPLOYMENT TRUST FUND FOR THE PAYMENT OF ADMINISTRATION EXPENSES, SO AS TO FURTHER PROVIDE FOR CONDITIONS UNDER WHICH THESE FUNDS MAY BE USED FOR THESE PURPOSES.
Be it enacted by the General Assembly of the State of South Carolina:
Conditions under which funds may be used for certain purposes
SECTION 1. Section 41-33-150 of the 1976 Code is amended to read:
"Section 41-33-150. Money credited to the account of this State in the unemployment trust fund by the Secretary of the Treasury of the United States pursuant to Section 903 of the Social Security Act, as amended, may be requisitioned and used for the payment of expenses incurred for the administration of Chapters 27 through 41 of this title pursuant to a specific appropriation by the General Assembly, provided that the expenses are incurred and the money is requisitioned after the enactment of an appropriation law which:
(1) specifies the purposes for which the money is appropriated and the amounts appropriated therefor;
(2) limits the period within which the money may be obligated to a period ending not more than two years after the date of the enactment of the appropriation law;
(3) limits the amount which may be obligated during any twelve-month period beginning on July first and ending on the next June thirtieth to an amount which does 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, as amended, during the same twelve-month period and the twenty-fourth preceding twelve-month periods, exceeds (b) the aggregate of the amounts obligated for administration and paid out for benefits and charged against the amounts credited to the account of this State during the twenty-five twelve-month periods; and
(4) an appropriation pursuant to this section also shall incorporate those requirements specified in Section 903(c) of the Social Security Act, as amended, as a condition of payment of expenses of administration."
SECTION 2. This act takes effect upon approval by the Governor.
Approved the 12th day of June, 1991.