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S 0061 -	Imposes an annual limit on the state general fund revenues available for yearly appropriations

Tracking Level:

Of Interest

Sponsor:

George E. "Chip" Campsen III (R)

Last Action:

1/13/2015 - Senate - 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 the state general fund revenues available for yearly appropriations by restricting any increase to a percentage that is equal to the average annual percentage change from the previous ten completed fiscal years.

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