SC H4441 | 2009-2010 | 118th General Assembly
Status
Spectrum: Partisan Bill (Democrat 34-1)
Status: Introduced on January 27 2010 - 25% progression, died in committee
Action: 2010-01-27 - Referred to Committee on Ways and Means HJ-31
Pending: House Ways and Means Committee
Status: Introduced on January 27 2010 - 25% progression, died in committee
Action: 2010-01-27 - Referred to Committee on Ways and Means HJ-31
Pending: House Ways and Means Committee
Summary
A BILL TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 2-7-61 SO AS TO PROVIDE THAT UNTIL THE GENERAL ASSEMBLY BY LAW OR THE CONSTITUTION OF THIS STATE PROVIDES FOR A RESERVE FUND OR FUNDS OF WHATEVER NAME AND DENOMINATION CONSISTING IN TOTAL OF MONIES APPROPRIATED FROM THE GENERAL FUND AT LEAST EQUAL TO TEN PERCENT OF THE GENERAL FUND REVENUE COLLECTED FOR THE MOST RECENTLY COMPLETED FISCAL YEAR, AND UNTIL SUCH RESERVE FUNDS HAVE UNENCUMBERED BALANCES IN AT LEAST THIS AMOUNT AS CERTIFIED BY THE OFFICE OF STATE BUDGET, A SUPPLEMENTAL APPROPRIATION BILL MAY NOT BE ENACTED BY THE GENERAL ASSEMBLY INTO LAW.
Title
Provide That Until The General Assembly By Law Or The Constitution Of This State Provides For A Reserve Fund Or Funds Of Whatever Name And Denomination Consisting In Total Of Monies Appropriated From The General Fund At Least Equal To Ten Percent Of The General Fund Revenue Collected For The Most Recently Completed Fiscal Year, And Until Such Reserve Funds Have Unencumbered Balances In At Least This Amount As Certified By The Office Of State Budget, A Supplemental Appropriation Bill May Not Be Enacted By The General Assembly Into Law.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2010-01-27 | Referred to Committee on Ways and Means HJ-31 | |
2010-01-27 | Introduced and read first time HJ-31 |
Code Citations
South Carolina State Sources
Type | Source |
---|---|
Summary | https://www.scstatehouse.gov/cgi-bin/web_bh10.exe?bill1=4441&session=118 |