South Carolina General Assembly
117th Session, 2007-2008

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Bill 3239

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COMMITTEE REPORT

May 30, 2007

H. 3239

Introduced by Reps. Funderburk, Cato and Mahaffey

S. Printed 5/30/07--S.

Read the first time April 19, 2007.

            

THE COMMITTEE ON FINANCE

To whom was referred a Joint Resolution (H. 3239) to authorize the South Carolina Employment Security Commission to expend up to five hundred thousand dollars of the funds made available to the State under Section 903, etc., respectfully

REPORT:

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

HUGH K. LEATHERMAN, SR. for Committee.

            

A JOINT RESOLUTION

TO AUTHORIZE THE SOUTH CAROLINA EMPLOYMENT SECURITY COMMISSION TO EXPEND UP TO FIVE HUNDRED THOUSAND DOLLARS OF THE FUNDS MADE AVAILABLE TO THE STATE UNDER SECTION 903 OF THE SOCIAL SECURITY ACT, AS AMENDED, FOR THE PURPOSE OF ACQUIRING LAND ON WHICH TO ERECT A BUILDING FOR USE BY THE SOUTH CAROLINA EMPLOYMENT SECURITY COMMISSION IN SPARTANBURG COUNTY.

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

SECTION    1.    There is appropriated out of funds made available to the State pursuant to Section 903 of the Social Security Act, as amended, the sum of five hundred thousand dollars, or an amount thereof as may be necessary, to be used, under the direction of the Employment Security Commission, for the purpose of acquiring land in Spartanburg County on which to erect a building for the use of the Employment Security Commission.

SECTION    2.    No part of the amount appropriated pursuant to this joint resolution may be obligated after the expiration of the two-year period beginning on the date of enactment of this joint resolution.

SECTION    3.    The amount obligated pursuant to this joint resolution must not exceed, at any time, the amount by which (a) the aggregate of the amounts transferred to the accounts of the State pursuant to Section 903 of the Social Security Act exceeds (b) the aggregate of the amounts obligated for administration, paid out for administration and benefits, and the amounts required by law to be charged against the amounts transferred to the account of this State.

SECTION    4.    This joint resolution takes effect upon approval by the Governor.

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