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H. 3017
STATUS INFORMATION
General Bill
Sponsors: Reps. Ballentine, G.R. Smith and Huggins
Document Path: l:\council\bills\nl\13042dg13.docx
Introduced in the House on January 8, 2013
Currently residing in the House Committee on Ways and Means
Summary: Board of Economic Advisors
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number ------------------------------------------------------------------------------- 12/11/2012 House Prefiled 12/11/2012 House Referred to Committee on Ways and Means 1/8/2013 House Introduced and read first time (House Journal-page 45) 1/8/2013 House Referred to Committee on Ways and Means (House Journal-page 45)
View the latest legislative information at the LPITS web site
VERSIONS OF THIS BILL
TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 11-11-275 SO AS TO PROVIDE THAT IF THE BOARD OF ECONOMIC ADVISORS ADJUSTS ITS FORECAST FOR THE NEXT FISCAL YEAR AFTER THE HOUSE OF REPRESENTATIVES GIVES THIRD READING TO THE ANNUAL GENERAL APPROPRIATIONS ACT, ANY INCREASE IN PROJECTED REVENUE ONLY MAY BE APPROPRIATED TO THE STATE NON-FEDERAL AID HIGHWAY FUND.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Article 1, Chapter 11, Title 11 of the 1976 Code is amended by adding:
"Section 11-11-275. Beginning with the annual general appropriations act for Fiscal Year 2014-2015, if the Board of Economic Advisors adjusts its forecast for the next fiscal year after the House of Representatives gives third reading to the annual general appropriations act, any increase in projected revenue only may be appropriated to the State Non-Federal Aid Highway Fund."
SECTION 2. This act takes effect upon approval by the Governor.
This web page was last updated on Thursday, February 28, 2013 at 3:21 P.M.