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S 0073 - Requires the General Assembly to place a limit on state spending

Tracking Level: Of Interest
Sponsor: Thomas
Last Action: 1/21/2011 - Referred to Subcommittee: L.Martin (ch), Rankin, Hutto, Bright, Davis
Senate Committee:
Assigned To:
Finance/Revenue/TaxesNext Bill

Staff Analysis of the Legislation

02.09.11 A Senate Judiciary subcommittee met but did not take action on this bill.
02.02.11 A Senate Judiciary subcommittee adjourned debate on this bill.
Summary of the bill as introduced: Deletes the existing spending limit law and requires the General Assembly to replace it with a law that limits spending equal to the total of state appropriations in the prior year increased by the total percentage of increases in state personal income and state population in the most recent year.


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