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Current Status Bill Number:View additional legislative information at the LPITS web site.4379 Type of Legislation:General Bill GB Introducing Body:House Introduced Date:20000111 Primary Sponsor:Robinson All Sponsors:Robinson, Simrill, Vaughn, Woodrum, Fleming, Loftis, Kirsh Drafted Document Number:l:\council\bills\bbm\9088htc00.doc Residing Body:House Current Committee:Ways and Means Committee 30 HWM Subject:Tobacco Settlement Revenue Fund created in State Treasury, portion to fund Medicaid; Health and Human, Agriculture History Body Date Action Description Com Leg Involved ______ ________ ______________________________________ _______ ____________ House 20000126 Co-Sponsor added (Rule 5.2) by Rep. Loftis House 20000111 Introduced, read first time, 30 HWM referred to Committee House 19991229 Prefiled, referred to Committee 30 HWM Versions of This Bill
TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 11-11-160 SO AS TO CREATE THE TOBACCO SETTLEMENT REVENUE FUND IN THE STATE TREASURY SEPARATE FROM ALL OTHER FUNDS, TO CREDIT TO THE FUND ALL STATE REVENUES FROM THE MASTER SETTLEMENT AGREEMENT AND EARNINGS ON THE FUND, TO REQUIRE AT LEAST FIFTY PERCENT OF FUND PROCEEDS ANNUALLY TO BE APPROPRIATED FOR THE MEDICAID PROGRAM, INCLUDING THE DISPROPORTIONATE SHARE MATCH REQUIREMENT WITH THE BALANCE APPROPRIATED FOR OTHER HEALTH-RELATED PURPOSES, TO REQUIRE ALL FUND APPROPRIATIONS BY SEPARATE LEGISLATION PASSED BY AN AFFIRMATIVE SUPER MAJORITY OF EACH HOUSE OF THE GENERAL ASSEMBLY, AND TO REQUIRE ALL TOBACCO SETTLEMENT REVENUES BEFORE JULY 1, 2000, TO BE CREDITED TO THE 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 11-11-160. There is established in the State Treasury a fund separate and distinct from all other funds styled the 'Tobacco Settlement Revenue Fund' (fund) into which must be deposited all revenues payable to this State pursuant to the Master Settlement Agreement as described in Section 11-47-20(e). Revenues in the fund are not part of the general fund of the State and earnings of the fund must be credited to it. At least fifty percent of fund revenues must be appropriated annually by the General Assembly to defray the costs of the Medicaid program, including the disproportionate share match requirement of the Medicaid program. The excess may be appropriated for other health-related programs the General Assembly determines appropriate. Appropriations from the fund must be made in separate legislation enacted specifically for that purpose and passed by an affirmative vote of the House of Representatives and the Senate of at least two-thirds of the members present and voting but not less than three-fifths of the total membership of each legislative body."
SECTION 2. Notwithstanding the provisions of Paragraph 72.73, Part 1B, Act 100 of 1999, all state revenues received before July 1, 2000, pursuant to the Master Settlement Agreement as defined in Section 11-47-20(8) of the 1976 Code are transferred from the general fund of the State to the Tobacco Settlement Revenue Fund established pursuant to this act.
SECTION 3. This act takes effect upon approval by the Governor. Revenues in the Tobacco Settlement Revenue Fund established in Section 11-11-160 of the 1976 Code as added by this act, may be appropriated for fiscal years beginning after June 30, 2000.
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