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S 0435 - Requires local governments to file periodic expenditure reports

Tracking Level: Work
Sponsor: Elliott
Last Action: 1/12/2012 - Recommitted to Committee on Ways and Means
Senate Committee:
Assigned To:
Finance/Revenue/TaxesNext Bill
Staff: Warren Harley (wharley@masc.sc)

Staff Analysis of the Legislation

05.17.11 The House Ways and Means General Government, Personnel and Benefits subcommittee adjourned debate on this bill.
03.29.11 The Senate Finance committee gave this bill a favorable report as amended by the subcommittee.
03.22.11 The Senate Finance Sales and Income Taxation subcommittee gave this bill a favorable report with an amendment. The amendment clarifies that this legislation only applies to grant funds and not money paid for services or products.
03.01.11 The Senate Finance Sales and Income Taxation subcommittee carried this bill over.
Summary of the bill as introduced: Requires local governmental entities, agencies, organizations or individuals that receive, collect or spend public funds derived from state or local tax revenue to file periodic expenditure reports with the state or local governmental entity or agency that provided, collected or spent the public funds.


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