Bill Text: SC H4972 | 2021-2022 | 124th General Assembly | Introduced

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Bill Title: Local Government Fund

Spectrum: Partisan Bill (Republican 7-0)

Status: (Introduced - Dead) 2022-02-15 - Referred to Committee on Ways and Means [H4972 Detail]

Download: South_Carolina-2021-H4972-Introduced.html

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A BILL

TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 6-27-60 SO AS TO PROVIDE A LOCAL GOVERNMENT FOUND TO HAVE VIOLATED STATE LAW FORFEITS ITS NEXT FOUR QUARTERLY DISTRIBUTIONS FROM THE LOCAL GOVERNMENT FUND, AND THE STATE TREASURER MAY NOT MAKE DISTRIBUTIONS FROM THE LOCAL GOVERNMENT FUND TO THE LOCAL GOVERNMENT DURING THIS PERIOD.

Be it enacted by the General Assembly of the State of South Carolina:

SECTION    1.    Chapter 27, Title 6 of the 1976 Code is amended by adding:

    "Section 6-27-60.    A local government found by a court of competent jurisdiction to have violated any state law in a given fiscal year forfeits its next four quarterly distributions from the Local Government Fund that it otherwise would receive and, notwithstanding the provisions of Section 6-27-40, the State Treasurer may not make distributions from the Local Government Fund to the local government during this period."

SECTION    2.    This act takes effect upon approval of the Governor.