South Carolina General Assembly
119th Session, 2011-2012

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Bill 3516

Indicates Matter Stricken
Indicates New Matter


(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

COMMITTEE REPORT

April 19, 2011

H. 3516

Introduced by Rep. Cooper

S. Printed 4/19/11--S.

Read the first time March 1, 2011.

            

THE COMMITTEE ON FINANCE

To whom was referred a Joint Resolution (H. 3516) to provide that the provisions of Section 6-27-50, Code of Laws of South Carolina, 1976, relating to restrictions on amending or repealing provisions in the State Aid, etc., respectfully

REPORT:

That they have duly and carefully considered the same and recommend that the same do pass:

HUGH K. LEATHERMAN, SR. for Committee.

            

STATEMENT OF ESTIMATED FISCAL IMPACT

ESTIMATED FISCAL IMPACT ON GENERAL FUND EXPENDITURES:

$0 (No additional expenditures or savings are expected)

ESTIMATED FISCAL IMPACT ON FEDERAL & OTHER FUND EXPENDITURES:

$0 (No additional expenditures or savings are expected)

EXPLANATION OF IMPACT:

Suspending Section 6-27-50 and providing flexibility to the counties to transfer state revenues as needed to ensure the delivery of services would have no direct impact to the General Fund of the State.

Approved By:

Harry Bell

Office of State Budget

A JOINT RESOLUTION

TO PROVIDE THAT THE PROVISIONS OF SECTION 6-27-50, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO RESTRICTIONS ON AMENDING OR REPEALING PROVISIONS IN THE STATE AID TO SUBDIVISIONS ACT ARE SUSPENDED FOR FISCAL YEAR 2011-2012, AND TO PROVIDE THAT FOR FISCAL YEAR 2011-2012 COUNTIES MAY TRANSFER AMONG APPROPRIATED STATE REVENUES AS NEEDED TO ENSURE THE DELIVERY OF SERVICES.

Be it enacted by the General Assembly of the State of South Carolina:

SECTION    1.    The provisions of Section 6-27-50 of the 1976 Code for fiscal year 2011-2012 are suspended.

SECTION    2.    Notwithstanding other provisions of this joint resolution, for the 2011-2012 fiscal year, counties of this State may transfer among appropriated state revenues as needed to ensure the delivery of services.

SECTION    3.    This joint resolution takes effect upon approval by the Governor.

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