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S 0063 - Changes the funding formula of the Local Government Fund

Tracking Level: Priority
Sponsor: George Campsen (R)
Last Action: 1/10/2017 - Referred to Committee on Finance
Senate Committee: Fin
Assigned To:
Finance/Revenue/TaxesNext Bill

Staff Analysis of the Legislation

Summary of the bill as introduced: Requires the Local Government Fund appropriations to be no less than the greater of the allocation ratio of the latest fiscal year or the average of the allocation ratio of the last five fiscal years.

Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text

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Municipal Association of South Carolina
1411 Gervais St., PO Box 12109, Columbia, SC 29211
Phone: 803.799.9574, Fax: 803.933.1299, mail@masc.sc