Bill Text: SC H3481 | 2021-2022 | 124th General Assembly | Comm Sub

---

Bill Title: Transfer of funds to SC Retiree Health Insurance Trust Fund

Spectrum: Partisan Bill (Republican 1-0)

Status: (Passed) 2021-07-02 - Act No. 96 [H3481 Detail]

Download: South_Carolina-2021-H3481-Comm_Sub.html

---

---

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

POLLED OUT OF COMMITTEE

January 19, 2021

H. 3481

Introduced by Rep. G.M. Smith

S. Printed 1/21/21--S.

Read the first time January 19, 2021.

            

THE COMMITTEE ON FINANCE

To whom was referred a Joint Resolution (H. 3481) to suspend Section 1-11-705(I)(2) of the Code of Laws of South Carolina, 1976, for Fiscal Year 2020-2021 relating to a transfer , etc., respectfully

REPORT:

Has polled the Joint Resolution out of committee without report.

A JOINT RESOLUTION

TO SUSPEND SECTION 1-11-705(I)(2) OF THE CODE OF LAWS OF SOUTH CAROLINA, 1976, FOR FISCAL YEAR 2020-2021 RELATING TO A TRANSFER OF FUNDS TO THE SOUTH CAROLINA RETIREE HEALTH INSURANCE TRUST FUND.

Be it enacted by the General Assembly of the State of South Carolina:

SECTION    1.    (A)    The General Assembly hereby finds and declares that in light of the uncertainty regarding the expenses that may be incurred by the state's employee health insurance program as a result of the public health emergency associated with the 2019 Novel Coronavirus (COVID-19), the provisions of Section 1-11-705(I)(2) of the 1976 Code are suspended for Fiscal Year 2020-2021.

(B)    Notwithstanding any other provision of law, during Fiscal Year 2020-2021, funds that would otherwise have been transferred to the South Carolina Retiree Health Insurance Trust Fund from the operating account for the state's employee health insurance program pursuant to Section 1-11-705(I)(2) may remain in the operating account for the state's employee health insurance program.

SECTION    2.    This joint resolution takes effect upon approval by the Governor.