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]

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

Tracking Information

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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]

History

DateChamberAction
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
2022-06-15SenateOrdered enrolled for ratification
2022-06-15SenateRoll call Ayes-38 Nays-2
2022-06-15SenateConference report received and adopted
2022-06-15HouseRoll call Yeas-114 Nays-0
2022-06-15HouseConference report received and adopted
2022-05-12SenateConference committee appointed Peeler, Setzler, Alexander
2022-05-11HouseHouse insists upon amendment and conference committee appointed Reps. GM Smith, Simrill, Rutherford
2022-05-11SenateNon-concurrence in House amendment
2022-05-11SenateReturned to House with amendments
2022-05-11SenateNon-concurrence in House amendment
2022-05-10HouseReturned to Senate with amendments
2022-05-10HouseRoll call Yeas-xxx Nays-xxx
2022-05-10HouseSenate amendment amended
2022-05-05HouseDebate adjourned
2022-05-04HouseDebate adjourned
2022-03-31HouseDebate adjourned until Tues., May 3
2022-03-30HouseDebate adjourned
2022-03-22SenateRead third time and returned to House with amendments
2022-03-21 Scrivener's error corrected
2022-03-17SenateRoll call Ayes-43 Nays-0
2022-03-17SenateRead second time
2022-03-17SenateAmended
2022-03-15SenateCommittee Amendment Adopted
2022-03-10 Scrivener's error corrected
2022-03-09SenateCommittee report: Favorable with amendment Finance
2022-02-17SenateReferred to Committee on Finance
2022-02-17SenateIntroduced and read first time
2022-02-17HouseRead third time and sent to Senate
2022-02-16HouseRoll call Yeas-108 Nays-0
2022-02-16HouseRead second time
2022-02-16HouseMember(s) request name added as sponsor: Carter, Calhoon, Hixon
2022-02-15HouseMember(s) request name added as sponsor: Weeks, B.Newton, McGarry
2022-02-10HouseCommittee report: Favorable Ways and Means
2022-02-09HouseMember(s) request name added as sponsor: Daning, Erickson, Bradley
2021-03-22HouseMember(s) request name added as sponsor: Gagnon, Hyde, West, Thayer, Ligon
2021-01-13HouseMember(s) request name added as sponsor: G.M.Smith, Caskey
2021-01-12HouseReferred to Committee on Ways and Means
2021-01-12HouseIntroduced and read first time
2020-12-09HouseReferred to Committee on Ways and Means
2020-12-09HousePrefiled

Same As/Similar To

S1106 (Similar To) 2022-07-25 - Act No. 240
H3347 (Similar To) 2022-02-24 - Referred to Committee on Finance

Code Citations

ChapterArticleSectionCitation TypeStatute Text
1111310(n/a)See Bill Text
1111320(n/a)See Bill Text
1111325(n/a)See Bill Text
1191140(n/a)See Bill Text

South Carolina State Sources

TypeSource
Summaryhttps://www.scstatehouse.gov/billsearch.php?billnumbers=3346&session=124&summary=B
Texthttps://www.scstatehouse.gov/sess124_2021-2022/prever/3346_20201209.htm
Texthttps://www.scstatehouse.gov/sess124_2021-2022/prever/3346_20220210.htm
Texthttps://www.scstatehouse.gov/sess124_2021-2022/prever/3346_20220309.htm
Texthttps://www.scstatehouse.gov/sess124_2021-2022/prever/3346_20220310.htm
Texthttps://www.scstatehouse.gov/sess124_2021-2022/prever/3346_20220315.htm
Texthttps://www.scstatehouse.gov/sess124_2021-2022/prever/3346_20220317.htm
Texthttps://www.scstatehouse.gov/sess124_2021-2022/prever/3346_20220321.htm
Texthttps://www.scstatehouse.gov/sess124_2021-2022/prever/3346_20220510.htm
Texthttps://www.scstatehouse.gov/sess124_2021-2022/prever/3346_20220615.htm
Supplementhttps://www.scstatehouse.gov/sess124_2021-2022/fiscalimpactstatements/H3346%202021-01-12%20introduced.pdf
Roll Callhttps://www.scstatehouse.gov/votehistory.php?KEY=20134
Roll Callhttps://www.scstatehouse.gov/votehistory.php?KEY=20581
Roll Callhttps://www.scstatehouse.gov/votehistory.php?KEY=21265
Roll Callhttps://www.scstatehouse.gov/votehistory.php?KEY=21530
Roll Callhttps://www.scstatehouse.gov/votehistory.php?KEY=21514

Bill Comments

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