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H 4972 - Requires cities, towns and counties to forfeit four quarterly Local Government Fund distributions if they violated state law

Tracking Level: Priority
Sponsor: Kirkman Finlay
Last Action: 2/15/2022 - House - Referred to Committee on Ways and Means
House Committee:
Assigned To:
Finance/Revenue/TaxesNext Bill

Staff Analysis of the Legislation
Summary of the bill as introduced: Requires cities, towns and counties to forfeit four quarterly Local Government Fund distributions if they are found to have violated state law.

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Session 124 - (2021-2022)Printer Friendly
(pdf format)
H 4972 General Bill, By Finlay, Burns, W. Newton, Caskey, J.E. Johnson, Hyde and W. Cox
Summary: Local Government Fund
    A BILL TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 6-27-60 SO AS TO PROVIDE A LOCAL GOVERNMENT FOUND TO HAVE VIOLATED STATE LAW FORFEITS ITS NEXT FOUR QUARTERLY DISTRIBUTIONS FROM THE LOCAL GOVERNMENT FUND, AND THE STATE TREASURER MAY NOT MAKE DISTRIBUTIONS FROM THE LOCAL GOVERNMENT FUND TO THE LOCAL GOVERNMENT DURING THIS PERIOD.
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02/15/22House Introduced and read first time (House Journal-page 17)
02/15/22House Referred to Committee on Ways and Means (House Journal-page 17)


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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