TO PROVIDE THAT BEGINNING WITH FISCAL YEAR 2011, AND CONTINUING FOR TWO FISCAL YEARS THEREAFTER, THE COMPENSATION OF ALL MEMBERS OF THE GENERAL ASSEMBLY MUST BE REDUCED BY TWENTY-FIVE PERCENT, AND TO DEFINE THE TERM "COMPENSATION".

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

SECTION    1.    Beginning with fiscal year 2011, and continuing for two fiscal years thereafter, the compensation of all members of the General Assembly must be reduced by twenty-five percent. The term "compensation" as used in this section means the remuneration a member of the General Assembly receives for serving during a session of the General Assembly and does not include mileage, subsistence, or in-district allowances.

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