A joint Resolution

TO AUTHORIZE THE EXPENDITURE OF FUNDS FROM THE CONTINGENCY RESERVE FUND FOR ECONOMIC DEVELOPMENT PROJECTS AND FEDERAL FUNDS DISBURSED TO THE STATE IN THE AMERICAN RESCUE PLAN ACT OF 2021, AND TO SPECIFY THE MANNER IN WHICH THE FUNDS MAY BE EXPENDED.

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

SECTION 1.    The contingency reserve fund is the source of revenue authorized for expenditure in SECTION 2. The State of South Carolina received federal funds from the American Rescue Plan Act of 2021. These federal funds are the source of revenue authorized for expenditure in SECTION 3.

SECTION 2.    From the contingency reserve fund, there is appropriated:

      (1)

SECTION 3.   From funds disbursed to the State in the American Rescue Plan Act of 2021, there is appropriated:

      (1)

SECTION 4.   This joint resolution takes effect upon approval by the Governor.

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