South Carolina House Bill 3037 (Prior Session Legislation)

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Spectrum: Moderate Partisan Bill (Republican 22-4)
Status: Introduced on January 13 2009 - 25% progression, died in committee
Action: 2010-01-13 - Member(s) request name added as sponsor: Rice
Pending: House Ways and Means Committee

A JOINT RESOLUTION PROPOSING AN AMENDMENT TO SECTION 7, ARTICLE X OF THE CONSTITUTION OF SOUTH CAROLINA, 1895, RELATING TO THE REQUIREMENT FOR THE STATE AND ITS POLITICAL SUBDIVISIONS TO HAVE BUDGET PROCESSES DESIGNED TO KEEP REVENUES AND EXPENDITURES IN BALANCE, THE LIMIT ON STATE APPROPRIATIONS, AND THE LIMITITATIONS ON STATE EMPLOYEES, SO AS TO DELETE THE EXISTING STATE SPENDING LIMITATION AND REPLACE IT BY A LAW PROVIDING THAT STATE GENERAL FUND APPROPRIATIONS FOR A FISCAL YEAR MAY NOT EXCEED SUCH APPROPRIATIONS FOR THE PRIOR YEAR INCREASED BY THE AVERAGE ANNUAL GROWTH RATE IN STATE GENERAL FUND REVENUES OVER THE PRECEDING TEN YEARS, TO PROVIDE FOR CALCULATION OF THE LIMIT AND CIRCUMSTANCES WHEN THE LIMIT MAY BE ADJUSTED, ESTABLISHING THE BUDGET STABILIZATION FUND (FUND) TO WHICH MUST BE CREDITED STATE GENERAL FUND REVENUES ACCRUING IN EXCESS OF THE ANNUAL LIMIT IN GENERAL FUND APPROPRIATIONS, PROVIDING THAT REVENUES IN THE FUND MUST BE USED FOR BUDGET STABILIZATION AND FOR DECLARED EMERGENCIES, TO ALLOW BALANCES IN THE FUND IN EXCESS OF FIFTEEN PERCENT OF THE PRIOR YEAR'S ACTUAL GENERAL FUND COLLECTIONS TO BE EXPENDED FOR CAPITAL IMPROVEMENTS, DEBT REDUCTIONS, OR TAX REBATES, OR ANY COMBINATION OF THESE, AND ALLOWING OTHER USES FOR FUND REVENUES, BUT ONLY PURSUANT TO THE "SPECIAL VOTE" CURRENTLY IN THE CONSTITUTION AS AN AFFIRMATIVE VOTE IN EACH BRANCH OF THE GENERAL ASSEMBLY BY A TWO-THIRDS VOTE OF THE MEMBERS PRESENT AND VOTING BUT NOT LESS THAN THREE-FIFTHS OF THE TOTAL MEMBERSHIP OF EACH BRANCH.

Delete The Existing State Spending Limitation And Replace It By A Law Providing That State General Fund Appropriations For A Fiscal Year May Not Exceed Such Appropriations For The Prior Year Increased By The Average Annual Growth Rate In State General Fund Revenues Over The Preceding Ten Years, To Provide For Calculation Of The Limit And Circumstances When The Limit May Be Adjusted, Establishing The Budget Stabilization Fund (fund) To Which Must Be Credited State General Fund Revenues Accruing In Excess Of The Annual Limit In General Fund Appropriations, Providing That Revenues In The Fund Must Be Used For Budget Stabilization And For Declared Emergencies, To Allow Balances In The Fund In Excess Of Fifteen Percent Of The Prior Year's Actual General Fund Collections To Be Expended For Capital Improvements, Debt Reductions, Or Tax Rebates, Or Any Combination Of These, And Allowing Other Uses For Fund Revenues, But Only Pursuant To The "special Vote" Currently In The Constitution As An Affirmative Vote In Each Branch Of The General Assembly By A Two-thirds Vote Of The Members Present And Voting But Not Less Than Three-fifths Of The Total Membership Of Each Branch.

Rep. Nathan Ballentine [R]	Rep. Kenneth Bingham [R]	Rep. Joan Brady [R]	Rep. Alan Clemmons [R]
Rep. Derham Cole [R]	Rep. Joseph Daning [R]	Rep. Laurie Funderburk [D]	Rep. Daniel Hamilton [R]
Rep. Robert Harrell [R]	Rep. James Harrison [R]	Rep. Herbert Kirsh [D]	Rep. James Merrill [R]
Rep. Steve Parker [R]	Rep. Edward Pitts [R]	Rep. Nikki Randhawa Haley [R]	Sen. Rex Rice [R]
Rep. Garry Smith [R]	Rep. James Smith [D]	Rep. Murrell Smith [R]	Rep. Leonidas Stavrinakis [D]
Rep. McLain Toole [R]	Rep. David Umphlett [R]	Rep. Mark Willis [R]	Rep. William Wylie [R]
Rep. Annette Young [R]	Sen. Thomas Young [R]

Date	Chamber	Action
2010-01-13		Member(s) request name added as sponsor: Rice
2009-06-16		Member(s) request name added as sponsor: Cole
2009-05-19		Member(s) request name added as sponsor: Haley
2009-03-05		Member(s) request name added as sponsor: Willis
2009-02-26		Member(s) request name added as sponsor: Clemmons
2009-01-29		Member(s) request name added as sponsor: Ballentine
2009-01-28		Member(s) request name added as sponsor: E.H.Pitts
2009-01-27		Member(s) request name added as sponsor: Brady, T.R.Young
2009-01-15		Member(s) request name added as sponsor: Stavrinakis
2009-01-14		Member(s) request name added as sponsor: Funderburk
2009-01-13		Referred to Committee on Ways and Means HJ-30
2009-01-13		Introduced and read first time HJ-29
2008-12-09		Referred to Committee on Ways and Means
2008-12-09		Prefiled

S0001 (Similar To) 2010-03-30 - Debate adjourned SJ-26

Type	Source
Summary	https://www.scstatehouse.gov/cgi-bin/web_bh10.exe?bill1=3037&session=118