Current Status Introducing Body:
HouseBill Number: 3010Ratification Number: 239Act Number: 162Primary Sponsor: CarnellType of Legislation: GBSubject: Appropriations, base revenue estimateDate Bill Passed both Bodies: 19930601Computer Document Number: JIC/5155HC.93Governor's Action: SDate of Governor's Action: 19930615Introduced Date: 19930112Date of Last Amendment: 19930601Last History Body: ------Last History Date: 19930615Last History Type: Act No. 162Scope of Legislation: StatewideAll Sponsors: Carnell Felder Boan M.O. Alexander Barber Beatty H. Brown J. Brown Cato Clyborne Cobb-Hunter Corning Cromer Davenport Delleney Elliott Fulmer Gamble Govan Hallman Harrelson J. Harris P. Harris Harvin Hodges Holt Jaskwhich Jennings Keegan Kinon Kirsh Koon Lanford Mattos McAbee McCraw McElveen McKay McTeer Moody-Lawrence Neilson Phillips Quinn Rhoad Riser Rogers Rudnick Sheheen Shissias R. Smith Snow Stille Townsend Tucker Vaughn Waites Waldrop Wells White D. Wilder J. Wilder Wilkes Wilkins Williams Worley R. Young Marchbanks Richardson Huff A. Young Wofford Graham Chamblee Klauber MeachamType of Legislation: General Bill
Bill Body Date Action Description CMN Leg Involved ---- ------ ------------ ------------------------------ --- ------------ 3010 ------ 19930615 Act No. 162 3010 ------ 19930615 Signed by Governor 3010 ------ 19930610 Ratified R 239 3010 House 19930601 Ordered enrolled for ratification 3010 Senate 19930601 Conference Committee Report 98 received, adopted 3010 House 19930513 Conference Committee Report 98 received, adopted 3010 Senate 19930406 Appointed Senator Washington 98 Washington in lieu of Senator Matthews on the Committee of Conference 3010 House 19930330 Conference powers granted, 98 Carnell appointed Reps. to Committee Felder of Conference Boan 3010 Senate 19930325 Conference powers granted, 98 Setzler appointed Senators to Leatherman Committee of Conference Matthews 3010 Senate 19930325 Insists upon amendment 3010 House 19930325 Non-concurrence in Senate amendment 3010 Senate 19930311 Amended, read third time, returned to House with amendments 3010 Senate 19930310 Debate interrupted by adjournment 3010 Senate 19930309 Debate interrupted by adjournment 3010 Senate 19930304 Read second time, notice of general amendments 3010 Senate 19930223 Further consideration carried over until Tuesday, March 2, 1993 3010 Senate 19930217 Further consideration carried over until Tuesday, February 23, 1993 3010 Senate 19930211 Committee Report: Favorable 06 with amendment 3010 Senate 19930126 Introduced, read first time, 06 referred to Committee 3010 House 19930121 Read third time, sent to Senate 3010 House 19930120 Amended, read second time 3010 House 19930119 Committee Report: Favorable 30 with amendment 3010 House 19930112 Introduced, read first time, 30 referred to CommitteeView additional legislative information at the LPITS web site.
(A162, R239, H3010)
AN ACT TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 11-11-140 SO AS TO LIMIT APPROPRIATIONS IN THE ANNUAL GENERAL APPROPRIATIONS ACT TO AN AMOUNT NOT TO EXCEED THE BASE REVENUE ESTIMATE, TO DEFINE BASE REVENUE ESTIMATE, TO PROVIDE FOR AN INCREASE IN THE BASE REVENUE ESTIMATE ON THE WRITTEN CERTIFICATION OF THE BOARD OF ECONOMIC ADVISORS, AND TO PROVIDE WHEN AND FOR WHAT PURPOSES SURPLUS REVENUES MAY BE APPROPRIATED.
Be it enacted by the General Assembly of the State of South Carolina:
Appropriations based upon Base Revenue Estimate
SECTION 1. Article 1, Chapter 11, Title 11 of the 1976 Code is amended by adding:
"Section 11-11-140. (A) General fund appropriations in the annual general appropriations act may not exceed the base revenue estimate as calculated pursuant to subsection (B) or as adjusted pursuant to subsection (C).
(B) For purposes of this section, the base revenue estimate is the lesser of:
(1) (a) the total of recurring general fund revenues collected in the fiscal year completed before the General Assembly first considers the annual general appropriations bill;
(b) increased by a sum equal to seventy-five percent of the amount the general fund revenue estimate of the Board of Economic Advisors for the upcoming fiscal year exceeds the amount in subitem (a) of this item; or
(2) the general fund revenue estimate of the Board of Economic Advisors for the upcoming fiscal year.
(C) The base revenue estimate may be increased or decreased (1) by any amendment to the general appropriations bill which affects the Board of Economic Advisors revenue estimate or (2) enacted legislation which affects the board's estimate, if the board certifies in writing the change in estimated revenue.
(D) Appropriations from surplus may not be made before the first meeting of the General Assembly following the Comptroller General's closing of the books on the fiscal year in which the surplus occurred and may be appropriated only for nonrecurring purposes.
(E) In making a recommendation to the General Assembly for the fiscal year 1994-95 budget, and for each year thereafter, the Budget and Control Board shall not incorporate or realize any revenue derived on the basis of any future change in a method of accounting, as determined by the Budget and Control Board, unless such change in a method of accounting is based on statutory authority specifically granted to the Budget and Control Board or a statutory enactment changing the method of accounting."
SECTION 2. This act takes effect upon approval by the Governor and first applies with respect to appropriations for fiscal year 1994-95.
Approved the 15th day of June, 1993.