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Indicates Matter Stricken
Indicates New Matter
S. 176
STATUS INFORMATION
General Bill
Sponsors: Senator Rose
Document Path: l:\s-res\mtr\005aidt.mrh.mtr.docx
Introduced in the Senate on January 11, 2011
Currently residing in the Senate Committee on Finance
Summary: Local Government Fund
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number ------------------------------------------------------------------------------- 12/1/2010 Senate Prefiled 12/1/2010 Senate Referred to Committee on Finance 1/11/2011 Senate Introduced and read first time (Senate Journal-page 84) 1/11/2011 Senate Referred to Committee on Finance (Senate Journal-page 84)
View the latest legislative information at the LPITS web site
VERSIONS OF THIS BILL
TO AMEND SECTION 6-27-30 OF THE 1976 CODE, RELATING TO FUNDING OF THE LOCAL GOVERNMENT FUND, TO PROVIDE THAT FOR ANY FISCAL YEAR THAT THE ACTUAL AMOUNT APPROPRIATED TO THE LOCAL GOVERNMENT FUND IS LESS THAN THE AMOUNT APPROPRIATED IN THE LATEST COMPLETED FISCAL YEAR, A POLITICAL SUBDIVISION RECEIVING AID FROM THE FUND MAY REDUCE ITS SUPPORT TO ANY STATE MANDATED PROGRAM OR REQUIREMENT BY UP TO A PERCENTAGE EQUAL TO THE PERCENTAGE REDUCTION IN THE ACTUAL AMOUNT APPROPRIATED TO THE LOCAL GOVERNMENT FUND.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 6-27-30 of the 1976 Code is amended to read:
"Section 6-27-30. (A) In the annual general appropriations act, an amount equal to not less than four and one-half percent of general fund revenues of the latest completed fiscal year must be appropriated to the Local Government Fund.
(B) For any fiscal year that the actual amount appropriated to the Local Government Fund is less than the amount appropriated in the latest completed fiscal year, a political subdivision receiving aid from the fund may reduce its support to any state mandated program or requirement by up to a percentage equal to the percentage reduction in the actual amount appropriated to the Local Government Fund."
SECTION 2. This act takes effect upon approval by the Governor.
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