South Carolina General Assembly
117th Session, 2007-2008

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Bill 3471

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Indicates New Matter


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

COMMITTEE REPORT

April 10, 2007

H. 3471

Introduced by Ways and Means Committee

S. Printed 4/10/07--S.

Read the first time February 15, 2007.

            

THE COMMITTEE ON FINANCE

To whom was referred a Joint Resolution (H. 3471) to appropriate contingency reserve fund, etc., respectfully

REPORT:

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

Amend the bill, as and if amended, by striking SECTION 1 in its entirety and inserting:

/        SECTION    1.    Pursuant to Paragraph 73.15, Part IB, Act 397 of 2006, the general appropriations act for fiscal year 2006-2007, surplus general fund revenues in the amount of $171,541,103 credited to the Contingency Reserve Fund established by that paragraph are appropriated from the Contingency Reserve Fund for the purposes specified as follows:

(1)    State Ports Authority

port access road    $171,541,103

Total                                                                    $171,541,103        /

Renumber sections to conform.

Amend title to conform.

HUGH K. LEATHERMAN, SR. for Committee.

            

A JOINT RESOLUTION

TO APPROPRIATE CONTINGENCY RESERVE FUND REVENUES.

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

SECTION    1.    Pursuant to Paragraph 73.15, Part IB, Act 397 of 2006, the general appropriations act for fiscal year 2006-2007, surplus general fund revenues in the amount of $171,541,103 credited to the Contingency Reserve Fund established by that paragraph are appropriated from the Contingency Reserve Fund for the purposes specified as follows:

(1)    State Ports Authority

port access road    $138,000,000

(2)    Department of Commerce

Donaldson Development Commission    3,000,000

(3)    State Budget and Control Board

Lake Marion Water Authority    4,000,000

(4)    Adjutant General's Office

Emergency Preparedness

Federal Match 2005 Ice Storm    3,679,096

(5)    State Department of Education

school bus acquisition    22,862,007

Total    $171,541,103

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

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