Bill 3450

                    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 Committee

(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.