H. 3362
Appropriations for Fiscal Year 1995-1996

• Text printed in italic boldface was referenced in a letter from the Governor to the Speaker of the House of Representatives dated June 29, 1995. In that letter, the Governor expressed the desire to veto those items in italic boldface.

• At the time this Act was printed, litigation was pending in the original jurisdiction of the South Carolina Supreme Court concerning H. 3362. The outcome of that litigation may affect the application, implementation or effective date of this act.

                           SECTION 71

                   ESTIMATE OF GENERAL, SCHOOL, HIGHWAY,
                  AND EDUCATION IMPROVEMENT ACT REVENUES
                            FISCAL YEAR 1995-96

REGULAR SOURCES:                                        
 Retail Sales Tax                          1,519,400,000
 Income Tax (Total)                        1,918,458,000
       Individual                          1,701,398,000
       Corporation                           217,060,000
       Total Income and Sales Tax          3,437,858,000

All Other Revenue
 Admissions Tax                                3,000,000
 Aircraft Tax                                  2,690,000
 Alcoholic Liquor Tax                         46,286,000
 Bank Tax                                     15,217,000
 Beer and Wine Tax                            76,444,000
 Business License Tax                         29,693,000
 Coin-Operated Device Tax                     47,000,000
 Corporation License Tax                      47,058,000
 Department of Agriculture                     6,673,100
 Departmental Revenue                         50,224,391
 Documentary Tax                              17,835,000
 Earned on Investments                        51,631,500
 Electric Power Tax                           19,486,000
 Estate Tax                                   25,200,000
 Fertilizer Inspection Tax                       214,000
 Gasoline Tax-Counties                        20,021,000
 Insurance Tax                                85,357,000
 Motor Transport Fees                          7,300,000
 Motor Vehicle Licenses                       96,372,000
 Private Car Lines Tax                           800,000
 Public Service Authority                      6,812,000
 Retailers' License Tax                          943,000
 Savings & Loan Association Tax                6,266,000
 Soft Drinks Tax                              27,621,000
 Workers' Compensation Insurance Tax           9,677,831
 Total All Other Revenue                     699,821,822

Total Regular Sources                      4,137,679,822

MISCELLANEOUS SOURCES:

 Circuit & Family Court Fines                  7,097,000
 Debt Service Reimbursement                   13,949,967
 Indirect Cost Recoveries                     22,608,938
 Mental Health Fees                            3,800,000
 Parole & Probation Supervision Fees           3,392,298
 Unclaimed Property Fund Transfer              6,000,000
 Waste Treatment Loan Repayment                  360,000
 Non-recurring Revenue                         3,229,000

Total Miscellaneous Sources                   60,437,203

Total Regular and Misc. Revenue            4,198,117,025
Less: Act 162 of 1993-
 Spending Limitation                        (64,203,298)

 Total General Fund Revenue                4,133,913,727

 Department of Transportation Revenue        668,212,922

  Education Improvement Act                  381,650,000

 Total All Sources of Revenues             5,183,776,649