SC S1106 | 2021-2022 | 124th General Assembly

Status

Completed Legislative Action
Spectrum: Slight Partisan Bill (Republican 3-1)
Status: Passed on July 25 2022 - 100% progression
Action: 2022-07-25 - Act No. 240
Text: Latest bill text (Enrolled) [HTML]

Summary

An Amendment To Section 36, Article Iii Of The Constitution Of South Carolina, 1895, Relating To The General Reserve Fund And The Capital Reserve Fund, So As To Increase From Five To Seven Percent In Increments Of One-half Of One Percent Over Four Fiscal Years The Amount Of State General Fund Revenue In The Latest Completed Fiscal Year Required To Be Held In The General Reserve Fund And The Manner The Seven Percent Requirement Must Be Maintained; And Proposing Another Amendment To Section 36, Article Iii Of The Constitution Of This State, Relating To The General Reserve Fund And The Capital Reserve Fund, So As To Increase From Two To Three Percent The Amount Of State General Fund Revenue In The Latest Completed Fiscal Year Required To Be Held In The Capital Reserve Fund And To Provide That The First Use Of The Capital Reserve Fund Must Be To Offset Midyear Budget Reductions. - Ratified Title

Tracking Information

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Title

Reserve funds

Sponsors


Roll Calls

2022-06-15 - Senate - Senate: To Adopt The Conference Report (Y: 40 N: 1 NV: 0 Abs: 3) [PASS]
2022-06-15 - House - House: Adopt Conference Report (Y: 111 N: 0 NV: 10 Abs: 2) [PASS]
2022-05-04 - House - House: Passage Of Bill (Y: 111 N: 0 NV: 7 Abs: 3) [PASS]
2022-03-17 - Senate - Senate: 2nd Reading (Y: 43 N: 0 NV: 0 Abs: 2) [PASS]

History

DateChamberAction
2022-07-25 Act No. 240
2022-06-16 Ratified R 261
2022-06-15SenateOrdered enrolled for ratification
2022-06-15SenateRoll call Ayes-40 Nays-1
2022-06-15SenateConference report received and adopted
2022-06-15HouseRoll call Yeas-111 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
2022-05-05HouseRead third time and returned to Senate with amendments
2022-05-04HouseRoll call Yeas-111 Nays-0
2022-05-04HouseRead second time
2022-05-04HouseAmended
2022-04-28HouseCommittee report: Favorable with amendment Ways and Means
2022-03-29HouseReferred to Committee on Ways and Means
2022-03-29HouseIntroduced and read first time
2022-03-22SenateRead third time and sent to House
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
2022-03-01SenateReferred to Committee on Finance
2022-03-01SenateIntroduced and read first time

Same As/Similar To

H3347 (Similar To) 2022-02-24 - Referred to Committee on Finance
H3346 (Similar To) 2022-06-28 - Act No. 238

South Carolina State Sources

TypeSource
Summaryhttps://www.scstatehouse.gov/billsearch.php?billnumbers=1106&session=124&summary=B
Texthttps://www.scstatehouse.gov/sess124_2021-2022/prever/1106_20220301.htm
Texthttps://www.scstatehouse.gov/sess124_2021-2022/prever/1106_20220309.htm
Texthttps://www.scstatehouse.gov/sess124_2021-2022/prever/1106_20220310.htm
Texthttps://www.scstatehouse.gov/sess124_2021-2022/prever/1106_20220315.htm
Texthttps://www.scstatehouse.gov/sess124_2021-2022/prever/1106_20220317.htm
Texthttps://www.scstatehouse.gov/sess124_2021-2022/prever/1106_20220428.htm
Texthttps://www.scstatehouse.gov/sess124_2021-2022/prever/1106_20220504.htm
Texthttps://www.scstatehouse.gov/sess124_2021-2022/prever/1106_20220615.htm
Supplementhttps://www.scstatehouse.gov/sess124_2021-2022/fiscalimpactstatements/S1106%202022-03-01%20introduced.pdf
Supplementhttps://www.scstatehouse.gov/sess124_2021-2022/fiscalimpactstatements/S1106%202022-04-28%20amended.pdf
Roll Callhttps://www.scstatehouse.gov/votehistory.php?KEY=20580
Roll Callhttps://www.scstatehouse.gov/votehistory.php?KEY=21181
Roll Callhttps://www.scstatehouse.gov/votehistory.php?KEY=21531
Roll Callhttps://www.scstatehouse.gov/votehistory.php?KEY=21513

Bill Comments

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