H 4710 Joint Resolution, By White, Bingham, Herbkersman, Limehouse, Merrill, 
Simrill, G.M. Smith and J.R. Smith
 A JOINT RESOLUTION TO PROVIDE THAT THE PROVISIONS OF SECTION 6-27-50, CODE OF
 LAWS OF SOUTH CAROLINA, 1976, RELATING TO RESTRICTIONS ON AMENDING OR
 REPEALING PROVISIONS IN THE STATE AID TO SUBDIVISIONS ACT ARE SUSPENDED FOR
 FISCAL YEAR 2012-2013, AND TO PROVIDE THAT FOR FISCAL YEAR 2012-2013 COUNTIES
 MAY TRANSFER AMONG APPROPRIATED STATE REVENUES AS NEEDED TO ENSURE THE
 DELIVERY OF SERVICES.

   02/01/12  House  Introduced and read first time (House Journal-page 25)
   02/01/12  House  Referred to Committee on Ways and Means
                     (House Journal-page 25)
   02/29/12  House  Committee report: Favorable Ways and Means
                     (House Journal-page 2)
   03/06/12  House  Requests for debate-Rep(s). Cobb-Hunter, J.H.
                     Neal, King, Jeffersoun, McEachern, McLeod, Hart,
                     Danning, Crosby, Herbkersman, Sabb, Johnson,
                     Knight, Williams, Howard, Brantley, Munnerlyn,
                     R.L. Brown, G.A. Brown, Anderson, Clyburn,
                     Hosey, Branham, J.R. Smith,  Murphy, Dillard,
                     Merrill, Ott (House Journal-page 16)
   03/07/12  House  Read second time (House Journal-page 75)
   03/07/12  House  Roll call Yeas-59  Nays-45 (House Journal-page 75)
   03/08/12  House  Read third time and sent to Senate
                     (House Journal-page 47)
   03/14/12  Senate Introduced and read first time (Senate Journal-page 12)
   03/14/12  Senate Referred to Committee on Judiciary
                     (Senate Journal-page 12)
   03/27/12  Senate Recalled from Committee on Judiciary
                     (Senate Journal-page 5)
   03/27/12  Senate Committed to Committee on Finance
                     (Senate Journal-page 5)

COMMITTEE REPORT

February 29, 2012

H. 4710

Introduced by Reps. White, Bingham, Herbkersman, Limehouse, Merrill, Simrill, G.M. Smith and J.R. Smith

S. Printed 2/29/12--H.

Read the first time February 1, 2012.

To whom was referred a Joint Resolution (H. 4710) to provide that the provisions of Section 6-27-50, Code of Laws of South Carolina, 1976, relating to restrictions on amending or repealing provisions in the State Aid, etc., respectfully

That they have duly and carefully considered the same and recommend that the same do pass:

W. BRIAN WHITE for Committee.

REVENUE IMPACT 1/

This joint resolution is not expected to impact state revenues. Local revenues will not be directly impacted by this joint resolution that allows the General Assembly to suspend required funding to Aid to Subdivisions. Local government revenue from the State Aid to Subdivisions Fund will be determined by the General Assembly in the Appropriation Act.

Explanation

This joint resolution allows an amendment to the State Aid to Subdivisions Act for Section 6-27-50. Under Code Section 6-27-30, four and one-half percent of general fund revenues of the latest completed fiscal year must be appropriated to the Local Government Fund. Code Section 6-27-50 requires that special legislation be passed to suspend this requirement. Under Proviso 86.7 from FY 2011-2012, the provisions of Section 6-27-30 and Section 6-27-50 of the Code are suspended. Since this was previously suspended, local revenues will not be directly impacted by this joint resolution that allows the General Assembly to suspend required funding to Aid to Subdivisions. Therefore, local government revenue from the State Aid to Subdivisions Fund will be determined by the General Assembly in the Appropriation Act.

Approved By:

Frank A. Rainwater

Board of Economic Advisors

1/ This statement meets the requirement of Section 2-7-71 for a state revenue impact by the BEA, or Section 2-7-76 for a local revenue impact or Section 6-1-85(B) for an estimate of the shift in local property tax incidence by the Office of Economic Research.

TO PROVIDE THAT THE PROVISIONS OF SECTION 6-27-50, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO RESTRICTIONS ON AMENDING OR REPEALING PROVISIONS IN THE STATE AID TO SUBDIVISIONS ACT ARE SUSPENDED FOR FISCAL YEAR 2012-2013, AND TO PROVIDE THAT FOR FISCAL YEAR 2012-2013 COUNTIES MAY TRANSFER AMONG APPROPRIATED STATE REVENUES AS NEEDED TO ENSURE THE DELIVERY OF SERVICES.

Be it enacted by the General Assembly of the State of South Carolina:

SECTION    1.    The provisions of Section 6-27-50 of the 1976 Code for fiscal year 2012-2013 are suspended.

SECTION    2.    Notwithstanding other provisions of this joint resolution, for the 2012-2013 fiscal year, counties of this State may transfer among appropriated state revenues as needed to ensure the delivery of services.

SECTION    3.    This joint resolution takes effect upon approval by the Governor.