Download This Version in Microsoft Word format
TO APPROPRIATE EXCESS INVESTMENT EARNINGS HELD BY THE STATE TREASURER'S OFFICE IN SUBFUND 42B6 "STATE SCHOOL FACILITIES BONDS PROCEEDS 2002A" FOR JANUARY 2004 ICE STORM FEDERAL EMERGENCY MANAGEMENT AGENCY DISASTER RELIEF MATCH.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. The amount necessary, not to exceed $3,000,000, of excess investment earnings held by the State Treasurer's Office in subfund 42B6 "State School Facilities Bonds Proceeds 2002A" must to be transferred to the Adjutant General's Office to be used as matching funds for Federal Emergency Management Agency assistance received to provide relief to eligible counties for the January 2004 ice storm. These funds are to be used to provide 12.5% of the required 25% match. Funds previously appropriated to Adjutant General's Office as match for prior disasters are to be use to provide the remaining 12.5% required match.
SECTION 2. This joint resolution takes effect upon approval by the Governor.
This web page was last updated on Thursday, June 25, 2009 at 9:24 A.M.