S 381

  • South Carolina Senate Bill
  • 2023-2024 Regular Session
  • Introduced in Senate Jan 25, 2023
  • Passed Senate Jan 24, 2023
  • Passed House Feb 02, 2023
  • Governor

Ratification of Constitutional amendment

Abstract

AN ACT TO RATIFY AN AMENDMENT TO SECTION 36(A), ARTICLE III OF THE CONSTITUTION OF SOUTH CAROLINA, 1895, RELATING TO THE GENERAL RESERVE FUND, SO AS TO INCREASE FROM FIVE TO SEVEN PERCENT THE AMOUNT OF STATE GENERAL FUND REVENUE IN THE LATEST COMPLETED FISCAL YEAR REQUIRED TO BE HELD IN THE GENERAL RESERVE FUND; AND TO RATIFY AN AMENDMENT TO SECTION 36(B) OF ARTICLE III, RELATING TO THE CAPITAL RESERVE FUND, SO AS TO INCREASE FROM TWO TO THREE PERCENT THE AMOUNT OF STATE GENERAL FUND REVENUE IN THE LATEST COMPLETED FISCAL YEAR REQUIRED TO BE HELD IN THE CAPITAL RESERVE FUND AND TO PROVIDE THAT THE FIRST USE OF THE CAPITAL RESERVE FUND MUST BE TO OFFSET MIDYEAR BUDGET REDUCTIONS. - RATIFIED TITLE

Bill Sponsors (5)

Votes


Actions


Mar 23, 2023

South Carolina Legislature

Act No. 5

Feb 28, 2023

South Carolina Legislature

Effective date 02/28/23

South Carolina Legislature

No signature required

South Carolina Legislature

Ratified R 1

Feb 02, 2023

House

Read third time and enrolled

Feb 01, 2023

House

Roll call Yeas-111 Nays-1

House

Read second time

Jan 31, 2023

House

Recalled from Committee on Ways and Means

Jan 25, 2023

House

Referred to Committee on Ways and Means

House

Introduced and read first time

Jan 24, 2023

Senate

Roll call Ayes-42 Nays-0

Senate

Read third time and sent to House

Jan 19, 2023

Senate

Roll call Ayes-37 Nays-0

Senate

Read second time

South Carolina Legislature

Scrivener's error corrected

Jan 18, 2023

Senate

Committee report: Favorable Finance

Jan 12, 2023

Senate

Referred to Committee on Finance

Senate

Introduced and read first time

Bill Text

Bill Text Versions Format
1/12/2023 HTML
1/31/2023 HTML
Filed VND.OPENXMLFORMATS-OFFICEDOCUMENT.WORDPROCESSINGML.DOCUMENT HTML

Related Documents

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Sources

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