South Carolina General Assembly
120th Session, 2013-2014

H. 4701
General Appropriations Bill for fiscal year 2014-2015
As Amended by the House

PAGE 334  
SECTION 116
ESTIMATE OF GENERAL, SCHOOL, TRANSPORTATION,
EDUCATION IMPROVEMENT ACT AND EDUCATION LOTTERY REVENUES
FISCAL YEAR 2014-15
 
                    Senate  
        House of           Amendments  
  Representatives       Senate       Amended  
  Estimate       Estimate       Estimate  
  FY 2014-15       FY 2014-15       FY 2014-15  
  March 12, 2014       May 14, 2014       June 4, 2014  
  --------------------   --------------------   --------------------  
REGULAR SOURCES:
  Sales Tax   2,580,800,239   2,580,800,239   2,580,800,239  
Income Tax (Total)   3,307,153,771   3,307,153,771   3,317,118,971  
Individual   3,011,579,966   3,011,579,966   3,012,820,102  
Corporation   295,573,805   295,573,805   304,298,869  
    --------------------   --------------------   --------------------  
 
Total Income and Sales Tax   5,887,954,010   5,887,954,010   5,907,204,040  
    --------------------   --------------------   --------------------  
All Other Revenue
Admissions Tax   29,266,939   29,266,939   29,266,939  
Aircraft Tax   4,700,472   4,700,472   4,700,472  
Alcoholic Liquor Tax   67,305,644   67,305,644   67,305,644  
Bank Tax   40,000,000   40,000,000   40,000,000  
Beer and Wine Tax   102,563,724   102,563,724   102,563,724  
Business License Tax   27,126,360   27,126,360   27,126,360  
Coin-Operated Device Tax   1,570,367   1,570,367   1,570,367  
Corporation License Tax   83,832,779   83,832,779   83,832,779  
Departmental Revenue   36,450,056   36,450,056   36,450,056  
Documentary Tax   32,871,609   32,871,609   32,871,609  
Earned on Investments   18,000,000   18,000,000   18,000,000  
Insurance Tax   221,491,879   219,813,674   221,491,879  
Motor Vehicle Licenses   10,031,759   10,031,759   10,031,759  
Private Car Lines Tax   3,718,973   3,718,973   3,718,973  
Public Service Authority   22,000,000   22,000,000   22,000,000  
Retailers' License Tax   826,509   826,509   826,509  
Savings & Loan Association Tax   3,261,277   3,261,277   3,261,277  
Workers' Compensation Insurance Tax   10,206,684   10,206,684   10,206,684  
    --------------------   --------------------   --------------------  
 
Total All Other Revenue   715,225,031   713,546,826   715,225,031  
    --------------------   --------------------   --------------------  
 
Total Regular Sources   6,603,179,041   6,601,500,836   6,622,429,071  


PAGE 335  
SECTION 116
ESTIMATE OF GENERAL, SCHOOL, TRANSPORTATION,
EDUCATION IMPROVEMENT ACT AND EDUCATION LOTTERY REVENUES
FISCAL YEAR 2014-15
 
                      Senate  
            House of             Amendments  
        Representatives         Senate         Amended  
        Estimate         Estimate         Estimate  
        FY 2014-15         FY 2014-15         FY 2014-15  
        March 12, 2014         May 14, 2014         June 4, 2014  
      --------------------   --------------------   --------------------  
MISCELLANEOUS SOURCES:
  Circuit & Family Court Fines   8,199,717   8,199,717   8,199,717  
Debt Service Reimbursement   65,234   65,234   65,234  
Indirect Cost Recoveries   11,061,222   11,061,222   11,061,222  
Parole & Probation Supervision Fees   3,392,808   3,392,808   3,392,808  
Unclaimed Property Fund Transfer   15,000,000   15,000,000   15,000,000  
    --------------------   --------------------   --------------------  
 
Total Miscellaneous Sources   37,718,981   37,718,981   37,718,981  
    --------------------   --------------------   --------------------  
 
Total Regular and Miscellaneous Revenue   6,640,898,022   6,639,219,817   6,660,148,052  
 
Other Sources:
Nonrecurring Revenues & Transfers   -   29,979,515   -  
    --------------------   --------------------   --------------------  
 
General Fund Revenue   6,640,898,022   6,669,199,332   6,660,148,052  
 
Department of Transportation Revenue   1,577,717,541   1,577,717,541   1,577,717,541  
 
Education Improvement Act Revenue   645,275,060   645,275,060   647,596,267  
 
Education Lottery Revenues
Lottery Income   291,600,000   291,600,000   299,600,000  
FY 2013-14 Projected Surplus   45,470,643   45,470,643   45,470,643  
    --------------------   --------------------   --------------------  
 
Total Education Lottery Revenues   337,070,643   337,070,643   345,070,643  
 
Revenue Earmarked for Tax Relief
Trust Funds   552,691,659   552,691,659   552,691,659  
    --------------------   --------------------   --------------------  
 
Total All Sources of Revenues   9,753,652,925   9,781,954,235   9,783,224,162  
    --------------------   --------------------   --------------------  

This web page was last updated on Thursday, June 5, 2014 at 3:38 P.M.