Current Status Introducing Body:
SenateBill Number: 571Primary Sponsor: DrummondCommittee Number: 06Type of Legislation: GBSubject: Economic Development AccountResiding Body: SenateCurrent Committee: FinanceCompanion Bill Number: 3409Computer Document Number: 571Introduced Date: Jan 31, 1991Last History Body: SenateLast History Date: May 07, 1991Last History Type: Recommitted to CommitteeScope of Legislation: StatewideAll Sponsors: DrummondType of Legislation: General Bill
Bill Body Date Action Description CMN ---- ------ ------------ ------------------------------ --- 571 Senate May 07, 1991 Recommitted to Committee 06 571 Senate Apr 25, 1991 Read second time, notice of general amendments, carrying over all amendments to third reading 571 Senate Mar 20, 1991 Committee Report: Favorable 06 571 Senate Jan 31, 1991 Introduced, read first time, 06 referred to CommitteeView additional legislative information at the LPITS web site.
Indicates Matter Stricken
Indicates New Matter
March 20, 1991
S. Printed 3/20/91--S.
Read the first time January 31, 1991.
To whom was referred a Bill (S. 571) to amend Section 12-27-1270, as amended, Code of Laws of South Carolina, 1976, relating to the Economic Development Account, so as to provide for the account to be replenished, etc., respectfully
That they have duly and carefully considered the same, and recommend that the same do pass:
JAMES M. WADDELL, JR., for Committee.
1. Estimated Cost to State-First Year $-0-
2. Estimated Cost to State-Annually
S. 571 proposes to amend the S.C. Code of Laws (1976) so as to amend Section 12-27-1270 to provide for replenishment of the Economic Development Account; amend Section 13-3-20 to delete reference to a statewide planning program; amend Section 13-3-90 to delete provision for a master plan and reference to a State Planning Program; amend 41-45-20 to provide for and define a strategic plan for economic development; to amend 41-45-30 to include reports to the chairman of Senate Finance and House Ways and Means Committees; to amend Section 41-45-40 to include objective of the strategic plan, delete provision for referrals by the General Assembly and state agencies; amend Section 41-45-50 to revise the duties of the Committees; to reauthorize the existence of the Council for six years.
Enactment of S. 571 would have no effect on the State's General Fund.
Funds used by the Coordinating Council for economic development come from the Strategic Highway Plan for Improving Mobility and Safety (SHIMS). SHIMS is funded by a three (3) cents per gallon tax on the sale of gasoline. The first $10 million generated each year from the tax goes to the Economic Development Account.
Section 1. of S. 571 amends Section 12-27-1270; to change the basis for replenishing the Economic Development account. This change would limit the amount of funds used to replenish the account to the total funds obligated or committed by the council in the previous year from funds available in the economic development account.
The result of this amendment would result in a portion of these funds remaining with the SHIMS project unless $10 million is annually committed or obligated by the Coordinating Council. It is conceivable that additional revenues could occasionally accrue to the SHIMS project based on the total funds obligated or committed by the Coordinating Council.
Prepared By: Approved By:
Kenneth Brown George N. Dorn, Jr.
State Budget Analyst State Budget Division
TO AMEND SECTION 12-27-1270, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE ECONOMIC DEVELOPMENT ACCOUNT, SO AS TO PROVIDE FOR THE ACCOUNT TO BE REPLENISHED BASED ON FUNDS OBLIGATED OR COMMITTED BY THE COORDINATING COUNCIL FOR ECONOMIC DEVELOPMENT IN THE PREVIOUS YEAR, DELETE THE LIMITATION ON THE AMOUNT OF THE ACCOUNT, AND DELETE OBSOLETE LANGUAGE; TO AMEND SECTION 13-3-20, RELATING TO THE OBJECTIVES OF THE STATE DEVELOPMENT BOARD, SO AS TO DELETE THE REFERENCE TO A STATEWIDE PLANNING PROGRAM; TO AMEND SECTION 13-3-90, RELATING TO THE DUTIES AND POWERS OF THE STATE DEVELOPMENT BOARD, SO AS TO DELETE THE PROVISION FOR A MASTER PLAN FOR AGENCIES TO CONSIDER CERTAIN STATE NEEDS AND DELETE THE REFERENCE TO A STATE PLANNING PROGRAM; TO AMEND SECTION 41-45-20, RELATING TO MEETINGS AND DUTIES OF THE COUNCIL, SO AS TO PROVIDE FOR AND DEFINE A STRATEGIC PLAN FOR ECONOMIC DEVELOPMENT AND REVISE DUTIES PERTAINING TO THE PLAN AND COORDINATION OF ACTIVITIES; TO AMEND SECTION 41-45-30, RELATING TO REPORTS BY THE COUNCIL, SO AS TO INCLUDE REPORTS TO THE CHAIRMEN OF THE SENATE FINANCE AND HOUSE WAYS AND MEANS COMMITTEES AND REQUIRE REPORTS ON THE ACCOUNT; TO AMEND SECTION 41-45-40, RELATING TO COUNCIL RECOMMENDATIONS, SO AS TO INCLUDE THE OBJECTIVES OF THE STRATEGIC PLAN, DELETE THE PROVISION FOR REFERRALS BY THE GENERAL ASSEMBLY AND STATE AGENCIES, AND REVISE THE RECOMMENDATIONS CONCERNING AGENCY REQUESTS FOR ECONOMIC DEVELOPMENT APPROPRIATIONS; TO AMEND SECTION 41-45-50, RELATING TO COUNCIL FUNDS, COMMITTEES, AND DATA, SO AS TO REVISE THE DUTIES OF THE COMMITTEES; AND TO REAUTHORIZE THE EXISTENCE OF THE COORDINATING COUNCIL FOR ECONOMIC DEVELOPMENT FOR SIX YEARS.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 12-27-1270 of the 1976 Code, as last amended by Section 5, Part II, Act 658 of 1988, is further amended to read:
"Section 12-27-1270. The first ten million dollars generated from the tax as levied in Sections 12-27-1210, 12-27-1220, 12-27-1230, and 12-27-1240 must be segregated in a separate account for economic development. This account is to may be expended only upon the authorization of the South Carolina Coordinating Council for Economic Development which shall establish project priorities. All funds Funds devoted to the economic development account are to must remain in the fund account if not expended in the previous fiscal year. Annually, funds from the tax as levied in Section 12-27-1210 must be deposited to replenish the Economic Development account based on funds obligated or committed by the council in the previous year. The total in the account at no time may exceed fifteen million dollars. The council may spend no more than two hundred fifty thousand dollars, in the first year only, for a long-term economic development plan which must be submitted to the General Assembly on completion of the plan.
From the amount set aside in this section, the South Carolina Coordinating The council for Economic Development is authorized to may spend an amount not to exceed five hundred thousand dollars in Fiscal Year 1988-89 and thereafter an amount not to exceed more than sixty thousand dollars annually for a state infrastructure model."
SECTION 2. Section 13-3-20 of the 1976 Code is amended to read:
"Section 13-3-20. The purpose of this chapter is to establish a A state agency which will is established to conduct an adequate State-wide planning program and a statewide program for the stimulation of economic activity to develop the potentialities of the State. To this end, the objectives of this agency shall be are to:
(1) To conserve, restore, and develop the natural and physical, the human and social, and the economic and productive resources of the State;
(2) To promote coordination of the functions and activities of the various state agencies of the State and to act as the official state liaison office between the state and, federal, and local planning, research, and development agencies;
(3) To promote a system of transportation for the State, through development and expansion of the highway, railroad, port, waterway, and airport systems;
(4) To promote and correlate state and local activity in planning public works projects;
(5) To promote public interest in the development of the State through cooperation with public agencies, private enterprises, and charitable and social institutions;
(6) To promote and encourage industrial development, private business and commercial enterprise, agricultural production, transportation, and the utilization and investment of capital within the State;
(7) To assist the development of existing state and interstate trade, commerce, and markets for South Carolina goods and in the removal of barriers to the industrial, commercial, and agricultural development of the State;
(8) To assist in ensuring stability in employment, to increase the opportunities for employment of the citizens of the State, and to devise ways and means to raise the living standards of the people of the State; and
(9) To advance the general welfare of the people."
SECTION 3. Section 13-3-90 of the 1976 Code is amended to read:
"Section 13-3-90. The board is vested with duties, powers, and responsibilities involved in accomplishing its objectives as outlined in this chapter, within the appropriations provided by the General Assembly. The board shall have the authority may:
(1) To advise with and make recommendations to the Governor and the General Assembly on all matters concerning its objectives;
(2) To cooperate with the operating agencies of the State in the development of plans with which each agency is concerned to insure the correlation of such plans into a master plan designed to consider the natural, physical, social and economic needs of the State;
(3) To have access to the records and studies of each state agency pertaining to the objectives of the board;
(4) To conduct studies on its own initiative pertaining to any of its objectives and others at the request of the Governor, the General Assembly, or state or local agencies;
(5) To make special studies on area problems or specific subjects, to establish local agencies, and furnish staff or such financial aid as may be deemed advisable;
(6) To stimulate and encourage all local, state, and federal governmental agencies with similar and related objectives and purposes and to cooperate with local, regional, and federal planning and development programs;
(7) To publish and distribute its findings, through written reports, brochures, magazine and newspaper articles, and in other appropriate forms, and to use the radio, periodicals, and other recognized forms of advertising, personal interviews, exhibits, and displays in order that governmental agencies, corporations, and individual citizens may become acquainted with the planning and development program of the State;
(8) To advertise the advantages of the State for industrial, agricultural, and commercial development by means of paid publicity of all types;
(9) To provide information to and make contact with private business enterprises and local, state, and federal governmental agencies by any form of communication for the purpose of acquainting such individuals and organizations to acquaint them with industrial, agricultural, and commercial opportunities in the State and for the purpose of encouraging to encourage the establishment of new or the expansion of existing industries and enterprises;
(10) To provide advice upon request by local, state, and federal agencies, and by private citizens, and business and commercial enterprises upon matters of economic development, industrial and business expansion, and agricultural activity upon which its knowledge, sources of information, and the findings and decisions of the board qualify it to speak; and
(11) To accept gifts, grants, funds, and property for the purpose of accomplishing to accomplish its objectives and to, administer and disburse gifts, grants, and funds, and dispose of property to counties, municipalities, and local agencies performing a public service or function which may in turn disburse such the gifts, grants, and funds or make such the property available to eligible participants in a program established to perform and implement such the public service or function, subject to the approval of the Budget and Control Board."
SECTION 4. Section 41-45-20 of the 1976 Code is amended to read:
"Section 41-45-20. (A) The council shall meet at least quarterly and is charged with the duty of enhancing. It shall enhance the economic growth and development of the State through strategic planning and coordination of the coordinating activities of various state and local agencies which shall must include:
(a)(1) the development and revision of an annual a strategic state plan for economic development. `Strategic state plan for economic development' means a planning document that outlines strategies and activities designed to continue, diversify, or expand the economic base of South Carolina, based on the natural, physical, social, and economic needs of the State;
(b)(2) monitoring implementation of a strategic plan for economic development through an annual review of economic development activities for the previous year and modifying the plan as necessary;
(c)(3) the coordination of economic development activities on the state and local level, based on a partnership between public agencies and private organizations and businesses of member agencies of the council and its advisory committees;
(d)(4) the use of federal funds, foundation grants, and private funds to enhance economic growth and development in the State in the development, implementation, revision, and promotion of a strategic plan for economic development;
(e)(5) the evaluation of plans and programs in terms of their compatibility with state objectives and priorities as outlined in the strategic plan for economic development.
(B) The council may not engage in the delivery of services."
SECTION 5. Section 41-45-30 of the 1976 Code is amended to read:
"Section 41-45-30. The council shall make reports to the Governor, the chairmen of the Senate Finance and House Ways and Means committees, and the General Assembly at least annually on the status and progress of economic development goals which have been set for the State as a part of the ongoing planning process and on the commitments, expenditures, and balance of the Economic Development Account, with those appropriate recommendations as may be appropriate."
SECTION 6. Section 41-45-40 of the 1976 Code is amended to read:
"Section 41-45-40. (A) The council shall make such recommendations to the Governor, the General Assembly, and the State Budget and Control Board as to the policies and programs involved in the state's economic development as it considers necessary to carry out the objectives of the strategic plan.
The Governor, the General Assembly, the State Budget and Control Board, or any other state agency may refer to the Council for investigation, study, and advice on any matter involved in economic development.
(B) The council shall review any agency requests for legislative appropriations for the purpose of economic development, and may make recommendations to the State Budget and Control Board and the General Assembly concerning these as may be considered desirable, and may make further recommendations from time to time to the State Budget and Control Board as the Council may consider in the interest of improving economic development in the State requests compatible with the objectives of the strategic plan. Nothing herein in this section limits any an agency's direct access to the General Assembly, and comment by this the council is not a part of the budget process."
SECTION 7. Section 41-45-50 of the 1976 Code is amended to read:
"Section 41-45-50. Any funds Funds for technical, administrative, and clerical assistance, and other expenses of the council must be provided by the member agencies.
The council may establish technical advisory committees in order to improve coordination among agencies of state government and to strengthen the partnership with local government and allies from the private sector assist in the development of a strategic plan for economic development.
The council shall seek to utilize data relevant to the economic growth and development of the State which is available from the Department of Highways and Public Transportation, the University of South Carolina, and Clemson University, and other state agencies and organizations."
SECTION 8. In accordance with Section 1-20-60 of the 1976 Code the existence of the South Carolina Coordinating Council for Economic Development is reauthorized for six years.
SECTION 9. This act takes effect upon approval by the Governor.