SC H3346 | 2021-2022 | 124th General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 21-1)
Status: Passed on June 28 2022 - 100% progression
Action: 2022-06-28 - Act No. 238
Text: Latest bill text (Enrolled) [HTML]
Spectrum: Partisan Bill (Republican 21-1)
Status: Passed on June 28 2022 - 100% progression
Action: 2022-06-28 - Act No. 238
Text: Latest bill text (Enrolled) [HTML]
Summary
Amend Section 11-11-310, Code Of Laws Of South Carolina, 1976, Relating To The Statutory General Reserve Fund, So As To Provide That The General Reserve Fund Of Five Percent Of General Fund Revenue Of The Latest Completed Fiscal Year Must Be Increased Each Year By One-half Of One Percent Of General Fund Revenue Of The Latest Completed Fiscal Year Until It Equals Seven Percent Of Such Revenues; To Amend Section 11-11-320, Relating To The Statutory Capital Reserve Fund Of Two Percent Of General Fund Revenue Of The Latest Completed Fiscal Year, So As To Increase It To Three Percent Of General Fund Revenue Of The Latest Completed Fiscal Year And To Provide That The First Use Of The Capital Reserve Fund Must Be To Offset Midyear Budget Reductions; By Adding Section 11-11-325 So As To Require The Capital Reserve Fund Be Reduced Before Midyear Budget Reductions Are Made; To Amend Section 11-9-1140, Relating To The Reduction Of General Fund Appropriations, So As To Make A Conforming Change; And To Provide That The Above Provisions Take Effect Upon Ratification Of Amendments To Section 36, Article Iii Of The Constitution Of This State Providing For The Above. - Ratified Title
Title
General Reserve Fund and Capital Reserve Fund
Sponsors
Roll Calls
2022-06-15 - Senate - Senate: To Adopt The Conference Report (Y: 38 N: 2 NV: 0 Abs: 3) [PASS]
2022-06-15 - House - House: Adopt Conference Report (Y: 114 N: 0 NV: 7 Abs: 2) [PASS]
2022-05-10 - House - House: Adopt Amendment 1 Amendment Number 1 (Y: 108 N: 0 NV: 5 Abs: 8) [PASS]
2022-03-17 - Senate - Senate: 2nd Reading (Y: 43 N: 0 NV: 0 Abs: 2) [PASS]
2022-02-16 - House - House: Passage Of Bill (Y: 108 N: 0 NV: 10 Abs: 3) [PASS]
2022-06-15 - House - House: Adopt Conference Report (Y: 114 N: 0 NV: 7 Abs: 2) [PASS]
2022-05-10 - House - House: Adopt Amendment 1 Amendment Number 1 (Y: 108 N: 0 NV: 5 Abs: 8) [PASS]
2022-03-17 - Senate - Senate: 2nd Reading (Y: 43 N: 0 NV: 0 Abs: 2) [PASS]
2022-02-16 - House - House: Passage Of Bill (Y: 108 N: 0 NV: 10 Abs: 3) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2022-06-28 | Act No. 238 | |
| 2022-06-28 | Effective date See Act for Effective Date | |
| 2022-06-22 | Signed By Governor | |
| 2022-06-16 | Ratified R 265 | |
| 2022-06-15 | Senate | Ordered enrolled for ratification |
| 2022-06-15 | Senate | Roll call Ayes-38 Nays-2 |
| 2022-06-15 | Senate | Conference report received and adopted |
| 2022-06-15 | House | Roll call Yeas-114 Nays-0 |
| 2022-06-15 | House | Conference report received and adopted |
| 2022-05-12 | Senate | Conference committee appointed Peeler, Setzler, Alexander |
| 2022-05-11 | House | House insists upon amendment and conference committee appointed Reps. GM Smith, Simrill, Rutherford |
| 2022-05-11 | Senate | Non-concurrence in House amendment |
| 2022-05-11 | Senate | Returned to House with amendments |
| 2022-05-11 | Senate | Non-concurrence in House amendment |
| 2022-05-10 | House | Returned to Senate with amendments |
| 2022-05-10 | House | Roll call Yeas-xxx Nays-xxx |
| 2022-05-10 | House | Senate amendment amended |
| 2022-05-05 | House | Debate adjourned |
| 2022-05-04 | House | Debate adjourned |
| 2022-03-31 | House | Debate adjourned until Tues., May 3 |
| 2022-03-30 | House | Debate adjourned |
| 2022-03-22 | Senate | Read third time and returned to House with amendments |
| 2022-03-21 | Scrivener's error corrected | |
| 2022-03-17 | Senate | Roll call Ayes-43 Nays-0 |
| 2022-03-17 | Senate | Read second time |
| 2022-03-17 | Senate | Amended |
| 2022-03-15 | Senate | Committee Amendment Adopted |
| 2022-03-10 | Scrivener's error corrected | |
| 2022-03-09 | Senate | Committee report: Favorable with amendment Finance |
| 2022-02-17 | Senate | Referred to Committee on Finance |
| 2022-02-17 | Senate | Introduced and read first time |
| 2022-02-17 | House | Read third time and sent to Senate |
| 2022-02-16 | House | Roll call Yeas-108 Nays-0 |
| 2022-02-16 | House | Read second time |
| 2022-02-16 | House | Member(s) request name added as sponsor: Carter, Calhoon, Hixon |
| 2022-02-15 | House | Member(s) request name added as sponsor: Weeks, B.Newton, McGarry |
| 2022-02-10 | House | Committee report: Favorable Ways and Means |
| 2022-02-09 | House | Member(s) request name added as sponsor: Daning, Erickson, Bradley |
| 2021-03-22 | House | Member(s) request name added as sponsor: Gagnon, Hyde, West, Thayer, Ligon |
| 2021-01-13 | House | Member(s) request name added as sponsor: G.M.Smith, Caskey |
| 2021-01-12 | House | Referred to Committee on Ways and Means |
| 2021-01-12 | House | Introduced and read first time |
| 2020-12-09 | House | Referred to Committee on Ways and Means |
| 2020-12-09 | House | Prefiled |
Same As/Similar To
S1106 (Similar To) 2022-07-25 - Act No. 240
H3347 (Similar To) 2022-02-24 - Referred to Committee on Finance
H3347 (Similar To) 2022-02-24 - Referred to Committee on Finance
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 11 | 11 | 310 | (n/a) | See Bill Text |
| 11 | 11 | 320 | (n/a) | See Bill Text |
| 11 | 11 | 325 | (n/a) | See Bill Text |
| 11 | 9 | 1140 | (n/a) | See Bill Text |
