South Carolina House Bill 3533 (Prior Session Legislation)

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Spectrum: Moderate Partisan Bill (Republican 5-1)
Status: Introduced on February 12 2009 - 25% progression, died in committee
Action: 2009-02-12 - Referred to Committee on Ways and Means HJ-17
Pending: House Ways and Means Committee

A BILL TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 11-11-145 REENACTING PROVISIONS OF THE "CARNELL-FELDER" SPENDING LIMIT, LIMITING ANNUAL GENERAL FUND APPROPRIATIONS BY THE GENERAL ASSEMBLY TO THE LESSER OF GENERAL FUND REVENUES FOR THE UPCOMING FISCAL YEAR AS ESTIMATED BY THE BOARD OF ECONOMIC ADVISORS OR ACTUAL GENERAL FUND REVENUES FOR THE CURRENT FISCAL YEAR INCREASED BY AN AMOUNT EQUAL TO SEVENTY-FIVE PERCENT OF THE AMOUNT THAT THE ESTIMATE FOR THE UPCOMING FISCAL YEAR EXCEEDS CURRENT YEAR GENERAL FUND REVENUES AND PROVIDE THOSE CIRCUMSTANCES WHEN THIS LIMIT MUST BE ADJUSTED.

By Adding Section 11-11-145 Reenacting Provisions Of The "carnell-felder" Spending Limit, Limiting Annual General Fund Appropriations By The General Assembly To The Lesser Of General Fund Revenues For The Upcoming Fiscal Year As Estimated By The Board Of Economic Advisors Or Actual General Fund Revenues For The Current Fiscal Year Increased By An Amount Equal To Seventy-five Percent Of The Amount That The Estimate For The Upcoming Fiscal Year Exceeds Current Year General Fund Revenues And Provide Those Circumstances When This Limit Must Be Adjusted.

Rep. Nathan Ballentine [R]	Rep. Edward Pitts [R]	Rep. Nikki Randhawa Haley [R]	Rep. Gary Simrill [R]
Rep. James Smith [D]	Rep. Michael Thompson [R]

Date	Chamber	Action
2009-02-12		Referred to Committee on Ways and Means HJ-17
2009-02-12		Introduced and read first time HJ-17

Chapter	Article	Section	Citation Type	Statute Text
11	11	145	(n/a)	See Bill Text

Type	Source
Summary	https://www.scstatehouse.gov/cgi-bin/web_bh10.exe?bill1=3533&session=118