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S 0002 -	Imposes an annual spending limit on the state General Fund

Tracking Level:

Of Interest

Sponsor:

Leatherman

Last Action:

1/11/2011 - Referred to Committee on Finance

Senate Committee:

Assigned To:

Staff Analysis of the Legislation
Summary of the bill as introduced: Imposes an annual limit on spending that is equal to the General Fund revenues collected in the latest completed fiscal year plus 75 percent of any increase in recurring general fund revenues.

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

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