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Indicates Matter Stricken
Indicates New Matter
Sponsors: Senator Bright
Document Path: l:\s-res\lb\006budg.ksg.lb.docx
Introduced in the Senate on January 13, 2015
Currently residing in the Senate Committee on Finance
Summary: Committee on Budget Dependence on Federal Funding
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number ------------------------------------------------------------------------------- 12/3/2014 Senate Prefiled 12/3/2014 Senate Referred to Committee on Finance 1/13/2015 Senate Introduced and read first time (Senate Journal-page 77) 1/13/2015 Senate Referred to Committee on Finance (Senate Journal-page 77)
View the latest legislative information at the website
VERSIONS OF THIS BILL
TO CREATE THE SELECT COMMITTEE ON BUDGET DEPENDENCE ON FEDERAL FUNDING TO EVALUATE THE EFFECTS OF REDUCTION IN OR ELIMINATION OF FEDERAL FUNDING ON THE STATE BUDGET DUE TO FEDERAL FISCAL POLICY.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. There is created the Select Committee on Budget Dependence on Federal Funding to conduct a study on the state budget that is funded by federal money and to evaluate the effects on the state budget if federal fiscal policy necessitates a significant reduction in or elimination of federal funding for state governments. The committee shall create a plan to address the loss of federal money, including federal Medicaid matching money and federal social security payments, and to maintain benefit programs and other essential state services if federal fiscal policy necessitates a significant reduction in or elimination of federal funding for state governments.
SECTION 2. (A) The Select Committee on Budget Dependence on Federal Funding shall be composed of:
(1) the Lieutenant Governor, or his designee, who shall serve as Chairman of the committee;
(2) three members of the House of Representatives, appointed by the Speaker of the House of Representatives;
(3) three members of the Senate, appointed by the President Pro Tempore of the Senate, including the Chairman of the Senate Finance Committee or his designee;
(4) the Comptroller General, or his designee; and
(5) the Treasurer, or his designee.
(B) The committee must meet as soon as practicable after the appointment of its members. The committee shall organize itself by electing officers as the committee may consider necessary.
(C) Members shall serve without compensation, but the members may receive the usual mileage as is provided by law for members of state boards, commissions, and committees.
(D) The committee shall submit a report based on its findings to the Governor, President Pro Tempore of the Senate, and the Speaker of the House of Representatives on or before September 1, 2015.
SECTION 3. The committee shall terminate on December 1, 2015.
SECTION 4. This joint resolution takes effect upon approval by the Governor.
This web page was last updated on January 14, 2015 at 9:33 AM