SC S0381 | 2023-2024 | 125th General Assembly

Status

Completed Legislative Action
Spectrum: Moderate Partisan Bill (Republican 4-1)
Status: Passed on March 23 2023 - 100% progression
Action: 2023-03-23 - Act No. 5
Text: Latest bill text (Draft #2) [HTML]

Summary

Ratify An Amendment To Section 36(a), Article Iii Of The Constitution Of South Carolina, 1895, Relating To The General Reserve Fund, So As To Increase From Five To Seven Percent The Amount Of State General Fund Revenue In The Latest Completed Fiscal Year Required To Be Held In The General Reserve Fund; And To Ratify An Amendment To Section 36(b) Of Article Iii, Relating To The Capital Reserve Fund, So As To Increase From Two To Three Percent The Amount Of State General Fund Revenue In The Latest Completed Fiscal Year Required To Be Held In The Capital Reserve Fund And To Provide That The First Use Of The Capital Reserve Fund Must Be To Offset Midyear Budget Reductions. - Ratified Title

Tracking Information

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Title

Ratification of Constitutional amendment

Sponsors


Roll Calls

2023-02-01 - House - House: Passage Of Bill (Y: 111 N: 1 NV: 9 Abs: 3) [PASS]
2023-01-24 - Senate - Senate: 3rd Reading (Y: 42 N: 0 NV: 0 Abs: 3) [PASS]
2023-01-19 - Senate - Senate: 2nd Reading (Y: 37 N: 0 NV: 0 Abs: 1) [PASS]

History

DateChamberAction
2023-03-23 Act No. 5
2023-02-28 Effective date 02/28/23
2023-02-28 No signature required
2023-02-28 Ratified R 1
2023-02-02HouseRead third time and enrolled
2023-02-01HouseRoll call Yeas-111 Nays-1
2023-02-01HouseRead second time
2023-01-31HouseRecalled from Committee on Ways and Means
2023-01-25HouseReferred to Committee on Ways and Means
2023-01-25HouseIntroduced and read first time
2023-01-24SenateRoll call Ayes-42 Nays-0
2023-01-24SenateRead third time and sent to House
2023-01-19SenateRoll call Ayes-37 Nays-0
2023-01-19SenateRead second time
2023-01-19 Scrivener's error corrected
2023-01-18SenateCommittee report: Favorable Finance
2023-01-12SenateReferred to Committee on Finance
2023-01-12SenateIntroduced and read first time

South Carolina State Sources


Bill Comments

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