South Carolina General Assembly
123rd Session, 2019-2020

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Indicates Matter Stricken
Indicates New Matter

H. 3222

STATUS INFORMATION

General Bill
Sponsors: Reps. Davis and Cogswell
Document Path: l:\council\bills\rt\17515sa19.docx

Introduced in the House on January 8, 2019
Currently residing in the House Committee on Ways and Means

Summary: Carry forward money

HISTORY OF LEGISLATIVE ACTIONS 

     Date      Body   Action Description with journal page number
-------------------------------------------------------------------------------
  12/18/2018  House   Prefiled
  12/18/2018  House   Referred to Committee on Ways and Means
    1/8/2019  House   Introduced and read first time (House Journal-page 133)
    1/8/2019  House   Referred to Committee on Ways and Means 
                        (House Journal-page 133)
   1/24/2019  House   Member(s) request name added as sponsor: Cogswell

View the latest legislative information at the website

VERSIONS OF THIS BILL

12/18/2018

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

A BILL

TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 2-65-140, SO AS TO PROVIDE THAT THE EXECUTIVE BUDGET OFFICE SHALL COMPILE INFORMATION FROM EACH STATE AGENCY AND INSTITUTION DETAILING THE CATEGORIES AND AMOUNTS OF OTHER FUNDS BALANCES CARRIED FORWARD FROM THE MOST RECENTLY COMPLETED FISCAL YEAR INTO THE CURRENT FISCAL YEAR AND THOSE USES TO WHICH THESE BALANCES WILL BE APPLIED; AND TO REQUIRE THE BOARD TO REPORT ITS COMPILATION TO THE GENERAL ASSEMBLY NO LATER THAN NOVEMBER FIRST OF EACH YEAR.

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

SECTION    1.    Chapter 65, Title 2 of the 1976 Code is amended by adding:

"Section 2-65-140.    Annually, following the closing of the State's books for the fiscal year, the board shall compile information from each state agency and institution detailing the categories and amounts of other funds balances carried forward by those entities into the current fiscal year and the uses to which these funds will be applied in the current fiscal year. The board shall produce a report detailing these carry-forward funds and the uses to which they will be applied, which must be distributed to the General Assembly no later than November first of each year."

SECTION    2.    This act takes effect upon approval by the Governor and applies to fund balances carried forward into fiscal years beginning after June 30, 2019.

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This web page was last updated on February 1, 2019 at 4:49 PM