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CONFERENCE COMMITTEE REPORT ADOPTED -- NOT PRINTED
June 21, 2007
S. Printed 4/12/07--S.
Read the first time February 15, 2007.
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 $167,541,103
(2) Budget and Control Board
Lake Marion Water Authority 4,000,000
SECTION 2. The amount appropriated to the State Ports Authority for the port access road pursuant to this joint resolution must be credited to an account in the State Treasury, which is hereby established, separate and distinct from the General Fund of the State and all other funds. Earnings on this account must be credited to it and unexpended revenues in this account carry-forward to succeeding fiscal years and must be used for the same purposes as the original appropriation.
SECTION 3. This joint resolution takes effect upon approval by the Governor.
/s/Sen. Hugh K. Leatherman /s/Rep. Daniel T. Cooper
/s/Sen. John C. Land III /s/Rep. Denny W. Neilson
/s/Sen. Harvey S. Peeler, Jr. /s/Rep. Tracy R. Edge
On Part of the Senate. On Part of the House.
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