H 3423 Session 112 (1997-1998)
H 3423 Joint Resolution, By J. Smith, Battle, Bauer, Bowers, Harvin,
J.H. Hodges, Howard, Maddox, Miller, J.H. Neal, Pinckney and Sheheen
Similar(S 338, H 3422)
A JOINT RESOLUTION TO APPROPRIATE FOR FISCAL YEAR 1996-97 SIX MILLION SEVEN
HUNDRED THOUSAND DOLLARS TO THE DEPARTMENT OF EDUCATION FROM CERTAIN 1996-97
GENERAL FUND REVENUES TO FUND THE BASE STUDENT COST FIGURE IN THE EDUCATION
FINANCE ACT FORMULA ADJUSTED TO REFLECT THE ACTUAL NUMBER OF STUDENTS IN ORDER
TO PROVIDE ONE HUNDRED PERCENT OF FULL IMPLEMENTATION OF THE EDUCATION FINANCE
ACT.
02/11/97 House Introduced and read first time HJ-16
02/11/97 House Referred to Committee on Ways and Means HJ-16
A JOINT RESOLUTION
TO APPROPRIATE FOR FISCAL YEAR 1996-97 SIX MILLION
SEVEN HUNDRED THOUSAND DOLLARS TO THE
DEPARTMENT OF EDUCATION FROM CERTAIN 1996-97
GENERAL FUND REVENUES TO FUND THE BASE STUDENT
COST FIGURE IN THE EDUCATION FINANCE ACT FORMULA
ADJUSTED TO REFLECT THE ACTUAL NUMBER OF
STUDENTS IN ORDER TO PROVIDE ONE HUNDRED
PERCENT OF FULL IMPLEMENTATION OF THE EDUCATION
FINANCE ACT.
Be it enacted by the General Assembly of the State of South
Carolina:
SECTION 1. For fiscal year 1996-97 from 1996-97 general fund
revenues in excess of revenues established and appropriated in Act
458 of 1996, there is hereby appropriated six million seven hundred
thousand dollars to the Department of Education to fund the base
student cost figure in the Education Finance Act formula adjusted to
reflect the actual number of students in order to provide one hundred
percent of full implementation of the Education Finance Act pursuant
to Paragraph 19.9, Section 19, Part 1B of Act 458 of 1996. If these
funds are not needed to provide full implementation of the Education
Finance Act as provided above, such fund shall be returned to the
state general fund.
SECTION 2. This joint resolution takes effect upon approval by
the Governor.
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