Current Status Bill Number:3450 Ratification Number:159 Act Number:117 Type of Legislation:General Bill GB Introducing Body:House Introduced Date:19970212 Primary Sponsor:Vaughn All Sponsors:Vaughn, Simrill, Rice, F. Smith, Easterday, Quinn, Townsend, Hawkins, Haskins, Maddox, Allison, Lee, Leach, Stille, Hamilton, Cato, McMahand, Tripp, Riser, Loftis, Littlejohn, Robinson, Walker, Davenport, Martin, Bowers, Rodgers, Miller, Battle, Lanford, Witherspoon and Mason Drafted Document Number:jic\5400htc.97 Date Bill Passed both Bodies:19970516 Date of Last Amendment:19970429 Governor's Action:V Date of Governor's Action:19970610 Action on Governor's Veto:O Subject:Gasoline tax revenues, C construction funds, interest earnings in County Transportation Fund, Fuel, Taxation
Body Date Action Description Com Leg Involved ______ ________ _______________________________________ _______ ____________ ------ 19970630 Act No. A117 Senate 19970617 Veto overridden House 19970617 Veto overridden ------ 19970610 Vetoed by Governor ------ 19970604 Ratified R159 Senate 19970516 Read third time, enrolled for ratification Senate 19970515 Read second time, unanimous consent for third reading on Friday, 19970516 Senate 19970514 Recalled from Committee, 06 SF placed on the Calendar Senate 19970501 Introduced, read first time, 06 SF referred to Committee House 19970430 Read third time, sent to Senate House 19970429 Amended, read second time House 19970422 Committee report: Favorable with 30 HWM amendment House 19970212 Introduced, read first time, 30 HWM referred to CommitteeView additional legislative information at the LPITS web site.
(A117, R159, H3450)
AN ACT TO AMEND SECTION 12-28-2740, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE DISTRIBUTION AND USE OF "C" FUND GASOLINE TAX REVENUES, SO AS TO PROVIDE THAT EARNINGS ON THE COUNTY TRANSPORTATION FUND MUST BE CREDITED TO COUNTIES IN THE PROPORTION THE COUNTY'S DISTRIBUTION OF "C" FUNDS IS OF THE TOTAL OF SUCH DISTRIBUTIONS STATEWIDE AND TO PROVIDE THAT THESE DISTRIBUTIONS SHALL NOT INCLUDE COUNTIES THAT ADMINISTER THEIR OWN "C" FUNDS.
Be it enacted by the General Assembly of the State of South Carolina:
Earnings on "C" funds
SECTION 1. The last paragraph of Section 12-28-2740(A) of the 1976 Code, as last amended by Section 49, Part II, Act 145 of 1995, is further amended to read:
"All earnings on the County Transportation Fund in the State Treasury must be added to the distribution to counties under this section in the ratio that the county's annual distribution is of the total of these distributions statewide. These distributions of earnings and the calculation required to determine the appropriate amount shall not include those counties administering their own 'C' funds."
Time effective
SECTION 2. This act takes effect July 1, 1997.
Vetoed by the Governor -- 6/10/97.
Veto overridden by House -- 6/17/97.
Veto overridden by Senate -- 6/17/97.