SC H3395 | 2009-2010 | 118th General Assembly

Status

Completed Legislative Action
Spectrum: Strong Partisan Bill (Republican 34-2)
Status: Passed on May 25 2010 - 100% progression
Action: 2010-05-25 - Act No. 152

Summary

AN ACT TO AMEND SECTION 11-11-310, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE GENERAL RESERVE FUND, SO AS TO MAKE CONFORMING AMENDMENTS TO REFLECT ANY CHANGE IN THE AMOUNT REQUIRED TO BE HELD IN THE GENERAL RESERVE FUND PURSUANT TO THE CONSTITUTION OF THIS STATE AND THE RATE AND MANNER OF REPLENISHMENT OF THAT AMOUNT; TO AMEND SECTION 11-11-320, AS AMENDED, RELATING TO THE CAPITAL RESERVE FUND, SO AS TO FURTHER PROVIDE FOR THE MANNER IN WHICH REVENUES IN THE FUND MUST BE USED IN EACH FISCAL YEAR INCLUDING A REQUIREMENT THAT THE CAPITAL RESERVE FUND MAY NOT BE USED TO OFFSET A MIDYEAR BUDGET REDUCTION; TO AMEND SECTION 11-9-890, RELATING TO THE DELINEATION OF FISCAL YEAR REVENUE ESTIMATES BY QUARTERS AND ACTIONS REQUIRED TO AVOID YEAR-END DEFICITS, SO AS TO REVISE PROCEDURES REQUIRED TO REDUCE GENERAL FUND APPROPRIATIONS AND EXPENDITURES AND THE CRITERIA WHICH REQUIRES SUCH REDUCTIONS; TO AMEND SECTION 1-11-495, RELATING TO MONITORING REVENUES AND EXPENDITURES TO DETERMINE YEAR-END DEFICITS, SO AS TO FURTHER PROVIDE FOR WHEN REDUCTIONS BY THE STATE BUDGET AND CONTROL BOARD MAY BE ORDERED, TO PROVIDE THAT THE REDUCTIONS ARE SUBJECT TO ANY BILL OR RESOLUTION ENACTED BY THE GENERAL ASSEMBLY, AND TO ADD A REQUIREMENT THAT TO RECOGNIZE A DEFICIT REQUIRES FOUR VOTES OF THE MEMBERS OF THE STATE BUDGET AND CONTROL BOARD; TO REPEAL SECTION 11-11-325 RELATING TO BUDGET SHORTFALLS AND THE REQUIREMENT THAT THE STATE BUDGET AND CONTROL BOARD FIRST MUST REDUCE THE CAPITAL RESERVE FUND BEFORE MANDATING CUTS TO OPERATING APPROPRIATIONS IF A REVENUE SHORTFALL IS PROJECTED; AND TO PROVIDE FOR THE MANNER IN WHICH AND CONDITIONS UNDER WHICH THESE PROVISIONS TAKE EFFECT. - ratified title

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Title

Further Provide For When Reductions By The State Budget And Control Board May Be Ordered, To Provide That The Reductions Are Subject To Any Bill Or Resolution Enacted By The General Assembly, And To Add A Requirement That To Recognize A Deficit Requires Four Votes Of The Members Of The State Budget And Control Board; To Repeal Section 11-11-325 Relating To Budget Shortfalls And The Requirement That The State Budget And Control Board First Must Reduce The Capital Reserve Fund Before Mandating Cuts To Operating Appropriations If A Revenue Shortfall Is Projected; And To Provide For The Manner In Which And Conditions Under Which These Provisions Take Effect. - Ratified Title

Sponsors


History

DateChamberAction
2010-05-25 Act No. 152
2010-05-21 Effective date See Act for Effective Date
2010-05-06 Veto overridden Yeas-27 Nays-8
2010-04-28 Veto overridden by originating body Yeas-78 Nays-1 HJ-55
2010-04-26 Vetoed by Governor
2010-04-20 Ratified R 171
2010-04-14 Ordered enrolled for ratification SJ-89
2010-04-14 Conference report adopted SJ-83
2010-04-13 Roll call Yeas-105 Nays-0 HJ-40
2010-04-13 Conference report received and adopted HJ-40
2010-03-17 Conference committee appointed Land, Leatherman and McConnell SJ-16
2010-03-10 House insists upon amendment and conference committee appointed Reps. Cooper, Bingham, and Battle HJ-160
2010-03-10 Non-concurrence in House amendment
2010-03-03 Returned to Senate with amendments HJ-107
2010-03-03 Senate amendment amended HJ-107
2010-03-03 Debate adjourned HJ-91
2010-03-02 Debate adjourned until Wednesday, March 3, 2010 HJ-24
2010-02-25 Debate adjourned HJ-28
2010-02-24 Debate adjourned until Thursday, February 25, 2010 HJ-23
2010-02-18 Debate adjourned until Tuesday, February 23, 2010 HJ-42
2010-02-17 Debate adjourned on amendments HJ-30
2010-02-10 Read third time and returned to House with amendments SJ-7
2010-02-10 Scrivener's error corrected
2010-02-09 Read second time SJ-22
2010-02-09 Committee Amendment Amended and Adopted SJ-22
2010-01-28 Scrivener's error corrected
2010-01-27 Committee report: Favorable with amendment Finance SJ-18
2009-04-14 Referred to Committee on Finance SJ-19
2009-04-14 Introduced and read first time SJ-19
2009-04-03 Read third time and sent to Senate
2009-04-02 Unanimous consent for third reading on next legislative day HJ-17
2009-04-02 Read second time HJ-17
2009-04-02 Member(s) request name added as sponsor: Wylie
2009-04-01 Scrivener's error corrected
2009-04-01 Debate adjourned until Thursday, April 2, 2009 HJ-35
2009-04-01 Member(s) request name added as sponsor: Neilson, Bales, T.R.Young
2009-03-31 Committee report: Favorable Ways and Means HJ-5
2009-02-19 Member(s) request name added as sponsor: Toole
2009-01-29 Referred to Committee on Ways and Means HJ-10
2009-01-29 Introduced and read first time HJ-10

Same As/Similar To

H3558 (Similar To) 2009-02-18 - Referred to Committee on Ways and Means HJ-7

Code Citations

ChapterArticleSectionCitation TypeStatute Text
111495(n/a)See Bill Text
1111310(n/a)See Bill Text
1111320(n/a)See Bill Text
1111325(n/a)See Bill Text
119890(n/a)See Bill Text

South Carolina State Sources


Bill Comments

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