Current Status Bill Number:3237 Ratification Number:142 Act Number:89 Type of Legislation:General Bill GB Introducing Body:House Introduced Date:19950112 Primary Sponsor:Jennings All Sponsors:Jennings and Baxley Drafted Document Number:council\legis\bills\gjk\21040sd.95 Date Bill Passed both Bodies:19950529 Governor's Action:S Date of Governor's Action:19950607 Subject:Judges, justices; screening of when retired
Body Date Action Description Com Leg Involved ______ ________ _______________________________________ _______ ____________ ------ 19950607 Act No. A89 ------ 19950607 Signed by Governor ------ 19950606 Ratified R142 Senate 19950529 Read third time, enrolled for ratification Senate 19950525 Read second time Senate 19950524 Committee report: Favorable 11 SJ Senate 19950505 Introduced, read first time, 11 SJ referred to Committee House 19950504 Read third time, sent to Senate House 19950503 Read second time House 19950329 Committee report: Majority, 25 HJ favorable with amendment, Minority, unfavorable House 19950112 Introduced, read first time, 25 HJ referred to CommitteeView additional legislative information at the LPITS web site.
(A142, R217, H3647)
AN ACT TO AMEND SECTION 11-11-140, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE LIMITATION ON GENERAL FUND APPROPRIATIONS IN THE ANNUAL GENERAL APPROPRIATIONS ACT, SO AS TO PROHIBIT APPROPRIATIONS OF SURPLUS REVENUES BEFORE THE CLOSING OF THE STATE'S BOOKS FOR A FISCAL YEAR AND TO PROVIDE THAT THE AMOUNT UNAVAILABLE FOR APPROPRIATION IN THE ANNUAL GENERAL APPROPRIATIONS ACT PURSUANT TO THE LIMITATION, AFTER TRANSFER TO THE GENERAL FUND OF AMOUNTS NECESSARY TO OFFSET A RECOGNIZED BUDGET SHORTFALL FOR THE YEAR FOR WHICH THE LIMITATION APPLIED, IS APPROPRIATED TO THE PROPERTY TAX RELIEF FUND.
Be it enacted by the General Assembly of the State of South Carolina:
Surplus appropriated
SECTION 1. Section 11-11-140 of the 1976 Code, as last amended by Section 7, Part II, Act 497 of 1994, is further amended by adding at the end:
"(F) Notwithstanding the provisions of subsection (D), appropriations from surplus may not be expended before the Comptroller General's closing of the books on the fiscal year in which the surplus occurred. The surplus in this subsection, that is the calculated set-aside as defined in this section, after reduction by way of transfer to the general fund of such amount as necessary to offset any recognized budget shortfall for the fiscal year in which the set-aside surplus occurred, is appropriated for deposit in the State Property Tax Relief Fund. After the first year that the State Property Tax Relief Fund is fully funded, the procedure in subsection (D) must be applied."
Time effective
SECTION 2. This act takes effect upon approval by the Governor.
Approved the 5th day of July, 1995.