SC H3533 | 2013-2014 | 120th General Assembly

Status

Spectrum: Partisan Bill (Republican 39-0)
Status: Introduced on February 7 2013 - 25% progression, died in committee
Action: 2013-02-07 - Referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Provide That The Limit On General Fund Appropriations For A Fiscal Year Is The Total Amount Of The General Fund Revenue Estimate As Of February 15, 2013, For Fiscal Year 2013-2014, Increased Annually And Cumulatively By A Percentage Determined By Population Increases And Increases In The Consumer Price Index, To Exclude From This Limit Constitutional And Statutory Requirements, To Provide For The Limitation To Be Suspended For A Fiscal Year For A Specific Amount Upon A Special Vote Of The General Assembly And To Define This Special Vote, To Establish The Spending Limit Reserve Fund To Which All Surplus General Fund Revenues Must Be Credited, To Provide For The Priority Uses Of The Revenues Of This Fund, To Provide For The Appropriation Of Fund Revenues After These Priorities Are Met, To Require That Appropriation Of Revenues Of This Fund Must Be By A Joint Resolution Originating In The House Of Representatives, And To Provide That This Limit First Applies For Fiscal Year 2014-2015.

Tracking Information

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Title

General Fund

Sponsors


History

DateChamberAction
2013-02-07HouseReferred to Committee on Ways and Means
2013-02-07HouseIntroduced and read first time

Code Citations

ChapterArticleSectionCitation TypeStatute Text
1111415(n/a)See Bill Text

South Carolina State Sources


Bill Comments

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