Bill Text: SC H5151 | 2021-2022 | 124th General Assembly | Comm Sub

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Bill Title: Capital Reserve Fund

Spectrum: Committee Bill

Status: (Passed) 2022-07-25 - Act No. 242 [H5151 Detail]

Download: South_Carolina-2021-H5151-Comm_Sub.html

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

COMMITTEE REPORT

April 21, 2022

H. 5151

Introduced by Ways and Means Committee

S. Printed 4/21/22--S.

Read the first time March 15, 2022.

            

THE COMMITTEE ON FINANCE

To whom was referred a Joint Resolution (H. 5151) to appropriate monies from the Capital Reserve Fund for Fiscal Year 2021-2022, and to allow unexpended funds appropriated to be carried forward to succeeding fiscal years and expended for the, etc., respectfully

REPORT:

That they have duly and carefully considered the same and recommend that the same do pass:

HARVEY S. PEELER, JR. for Committee.

            

A JOINT RESOLUTION

TO APPROPRIATE MONIES FROM THE CAPITAL RESERVE FUND FOR FISCAL YEAR 2021-2022, AND TO ALLOW UNEXPENDED FUNDS APPROPRIATED TO BE CARRIED FORWARD TO SUCCEEDING FISCAL YEARS AND EXPENDED FOR THE SAME PURPOSES.

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

SECTION    1.    In accordance with the provisions of Section 36(B)(2) and (3), Article III, Constitution of South Carolina, 1895, and Section 11-11-320(C) and (D) of the 1976 Code, there is appropriated from the monies available in the Capital Reserve Fund for Fiscal Year 2021-2022 the following amounts:

(1)    H090 - The Citadel

Engineering Building    $    8,584,490

(2)    H090 - The Citadel

Maintenance, Renovation, and Replacement    $    4,000,000

(3)    H120 - Clemson University

Maintenance, Renovation, and Replacement    $    25,000,000

(4)    H150 - University of Charleston

Maintenance, Renovation, Replacement,

and Expansion    $    10,000,000

(5)    H170 - Coastal Carolina

Maintenance, Renovation, and Replacement    $    8,000,000

(6)    H180 - Francis Marion University

Environmental Science and Forestry Building    $    10,000,000

(7)    H210 - Lander University

Maintenance, Renovation, and Replacement    $    8,000,000

(8)    H240 - South Carolina State University

Maintenance, Renovation, and Replacement    $    8,000,000

(9)    H270 - USC - Columbia

Health Science Campus    $    25,000,000

(10)    H290 - USC - Aiken

Maintenance, Renovation, and Replacement    $    8,000,000

(11)    H340 - USC - Upstate

Library                    $    8,000,000

(12)    H360 - USC - Beaufort

Maintenance, Renovation, and Replacement    $    8,000,000

(13)    H370 - USC - Lancaster

Maintenance, Renovation, and Replacement    $    5,000,000

(14)    H380 - USC - Salkehatchie

Maintenance, Renovation, and Replacement    $    4,000,000

(15)    H390 - USC - Sumter

Maintenance, Renovation, and Replacement    $    4,000,000

(16)    H400 - USC - Union

Maintenance, Renovation, and Replacement    $    4,000,000

(17)    H470 - Winthrop University

Science Complex Renovation    $    9,000,000

(18)    H510 - Medical University of South Carolina

Maintenance, Renovation, and Replacement    $    25,000,000

(19)    H590 - Board for Technical and Comprehensive Education

readySC                $    2,000,000

SECTION    2.    The Comptroller General shall post the appropriations contained in this joint resolution as provided in Section 11-11-320(D) of the 1976 Code. Unexpended funds appropriated pursuant to this joint resolution may be carried forward to succeeding fiscal years and expended for the same purposes.

SECTION    3.    This joint resolution takes effect thirty days after the completion of the 2021-2022 Fiscal Year in accordance with the provisions of Section 36(B)(3)(a), Article III, Constitution of South Carolina, 1895, and Section 11-11-320(D)(1) of the 1976 Code.