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Indicates Matter Stricken
Indicates New Matter
May 9, 2018
S. Printed 5/9/18--H.
Read the first time June 6, 2017.
TO PROVIDE FOR THE CONTINUING AUTHORITY TO PAY THE EXPENSES OF STATE GOVERNMENT IF THE 2017-2018 FISCAL YEAR BEGINS WITHOUT A GENERAL APPROPRIATIONS ACT FOR THAT YEAR IN EFFECT, AND TO PROVIDE EXCEPTIONS.
Amend Title To Conform
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. (A) If the 2018-2019 state fiscal year begins with no annual general appropriations act in effect for that year, the authority to pay the recurring expenses of state government continues at the level of amounts appropriated in Act 97 of 2017 for the recurring expenses of state government for Fiscal Year 2018-2019 except as provided in subsection (B).
The effective dates of Parts IA and IB of Act 97 of 2017 are extended until the effective date for appropriations made in a general appropriations act for Fiscal Year 2018-2019, after which appropriations made pursuant to this joint resolution are deemed to have been made pursuant to the general appropriations act for Fiscal Year 2018-2019.
(B) Notwithstanding debt service appropriations in Act 97 of 2017 and until the effective date of the appropriations made in a general appropriations act for Fiscal Year 2018-2019, there is appropriated from the general fund of the State whatever amount is necessary for timely debt service on state obligations and other amounts constitutionally required to be appropriated, including the Capital Reserve Fund. The General Reserve Fund is established in the amount required by law.
SECTION 2. This joint resolution takes effect July 1, 2018, and applies as provided in SECTION 1.
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