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COMMITTEE REPORT
May 17, 2000
H. 5045
Introduced by Reps. Robinson, Hamilton, Rice, Sheheen and Simrill
S. Printed 5/17/00--H.
Read the first time May 9, 2000.
To whom was referred a Joint Resolution (H. 5045), to provide for the continuing authority to pay the expenses of state government if the 2000-2001 fiscal year begins without a general appropriations act for the year in effect, etc., respectfully
That they have duly and carefully considered the same, and recommend that the same do pass:
ROBERT W. HARRELL, JR., for Committee.
Revenue Estimate -
Board of Economic Advisors
Fiscal Year 2000-2001 5,376,834,349
Appropriation Base
Fiscal year 1999-2000 (4,943,238,918)
New Recurring Revenue 433,595,431
Additional Appropriations
General Reserve Fund
Contribution 2,545,350
Capital Reserve Fund 1,696,900
Estimated Debt Service 38,890,540
Employee Pay Plan 2.5% 42,020,375
Annualization of 1999-2000
Employee Pay Plan 10,284,310
Education Finance Act and
related employer
contributions 37,242,595
Local Government
Fund 10,318,025
50% of Revenue Growth
available to Set Aside for
Tax Relief 216,797,716 359,795,811
Balance 73,799,620
Education Improvement Act
Education Improvement Act
Revenue Estimate $ 536,299,495
Appropriation Base
Fiscal Year 1999-2000 (493,991,535)
New Recurring Revenue 42,307,960
Teacher salary supplement and
related employer contributions 39,897,784
Balance $ 2,410,176
Approved By:
Don Addy
Office of State Budget
TO PROVIDE FOR THE CONTINUING AUTHORITY TO PAY THE EXPENSES OF STATE GOVERNMENT IF THE 2000-2001 FISCAL YEAR BEGINS WITHOUT A GENERAL APPROPRIATIONS ACT FOR THE YEAR IN EFFECT.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. (A) If the 2000-2001 state fiscal year begins with no annual general appropriations act in effect for that year, the authority to pay the expenses of state government continues at the level of amounts appropriated in Act 100 of 1999 for the expenses of state government for fiscal year 1999-2000 except as provided in subsection (B).
The effective dates of Parts IA and IB of Act 100 of 1999 are extended until the effective date for appropriations made in a general appropriations act for fiscal year 2000-2001.
(B)(1) Notwithstanding debt service appropriations in Act 100 of 1999 and until the effective date of the appropriations made in a general appropriations act for fiscal year 2000-2001, there is appropriated from the general fund of the State whatever amount is necessary for timely debt service on state obligations and other amounts constitutionally required to be appropriated, including the Capital Reserve Fund.
(2) The provisions of Part IB, Section 63C.10, the employee pay provisions, are reenacted effective on the first pay date that occurs on and after July 1, 2000, except that the compensation increase provided pursuant to that section in all instances is two and one-half percent. Amounts sufficient to pay these increases are appropriated from the general fund of the State to the appropriate accounts.
(3) Amounts necessary to annualize all pay increases occurring in fiscal year 1999-2000 are appropriated from the general fund of the State to the appropriate accounts.
(4)(a) There is appropriated from the EIA fund first, and to the extent necessary, from the general fund of the State, whatever amount is necessary to maintain teachers' salaries for the 2000-2001 school year at a level above the current Southeastern average equal to the amount above that average provided in Act 100 of 1999 for school year 1999-2000.
(b) There is appropriated from the general fund of the State whatever amount is necessary to fund the EFA using a 2.8 percent inflation factor and 829,000 weighted pupil units.
(5) There is appropriated from the general fund of the State whatever amount is necessary to fund the State Aid to Subdivisions Act in the manner provided by law.
(6) There is set aside in a separate account in the state treasury fifty percent of estimated increases in general fund revenues for fiscal year 2000-2001 over the prior fiscal year, to the extent such revenues are not otherwise appropriated pursuant to this joint resolution, for use for tax relief for taxes levied by the State.
SECTION 2. This joint resolution takes effect July 1, 2000.
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