Current Status Introducing Body:House Bill Number:4123 Primary Sponsor:Townsend Committee Number:30 Type of Legislation:GB Subject:Highway Fund, revenues Residing Body:House Current Committee:Ways and Means Companion Bill Number:690 Computer Document Number:NO5/7098BD.93 Introduced Date:19930415 Last History Body:House Last History Date:19930415 Last History Type:Introduced, read first time, referred to Committee Scope of Legislation:Statewide All Sponsors:Townsend Cooper Type of Legislation:General Bill
Bill Body Date Action Description CMN Leg Involved
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4123 House 19930415 Introduced, read first time, 30
referred to Committee
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TO REQUIRE THAT REVENUES CREDITED TO THE STATE HIGHWAY FUND AS OF JUNE 30, 1994, MUST BE CREDITED AS OF JULY 1, 1994, TO THE GENERAL FUND OF THE STATE, PROVIDE THAT FEES AND TAXES IMPOSED OR LEVIED BY LAW AS OF JUNE 30, 1994, CREDITED TO THE FUND ARE CONSIDERED TO BE IMPOSED OR LEVIED FOR THE GENERAL OPERATION OF STATE GOVERNMENT BEGINNING JULY 1, 1994, AND PROVIDE SEPARATE LEGISLATION FOR APPROPRIATION TO THE DEPARTMENT OF HIGHWAYS AND PUBLIC TRANSPORTATION.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Notwithstanding any other provision of law relating to distribution of revenues in Titles 12 and 56 of the 1976 Code, all revenues credited to the State Highway Fund as of June 30, 1994, must be credited as of July 1, 1994, to the General Fund of the State. Fees and taxes imposed or levied by law as of June 30, 1994, credited to the State Highway Fund are considered to be imposed or levied for the general operation of state government beginning July 1, 1994. Appropriation for the South Carolina Department of Highways and Public Transportation must be made annually in legislation separate from the annual general appropriations act beginning July 1, 1994.
SECTION 2. This act takes effect upon approval by the Governor.