View Amendment Current Amendment: JUD0267.002.DOCX to Bill 267     The COMMITTEE ON JUDICIARY proposed the following amendment (JUD0267.002):
    Amend the bill, as and if amended, page 2, line 5, by adding an appropriately numbered SECTION to read:
/         SECTION___.     Section 11-9-880(A) of the 1976 Code is amended to read:
    "Section 11-9-880.     (A)     The Board of Economic Advisors shall make an initial forecast of economic conditions in the State and state revenues for the next fiscal year no later than November tenth of each year. Adjustments to the forecast must be considered on December tenth and January tenth. A final forecast for the next fiscal year must be made on February fifteenth tenth. The February fifteenth forecast may be adjusted monthly if the board determines that changing economic conditions have affected the February fifteenth forecast. However, prior to June thirtieth, the board may reduce forecasts for the next fiscal year as it considers necessary. Before making or adjusting any forecast, the board must consult with outside economic experts with respect to national and South Carolina economic business conditions. All forecasts and adjusted forecasts must contain:
        (1)     a brief description of the econometric model and all assumptions and basic decisions underlying the forecasts;
        (2)     a projection of state revenues on a quarterly basis;
        (3)     separate discussions of any industry which employs more than twenty percent of the state's total nonagricultural employment and separate projections for these industries."         /
    Renumber sections to conform.
    Amend title to conform.