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H 3099 - Makes changes to the funding formula of the Local Government Fund

Tracking Level: Priority
Sponsor: Russell Ott
Last Action: 2/21/2018 - Member(s) request name added as sponsor: Jefferson, Knight
House Committee: WM
Assigned To:
Finance/Revenue/TaxesNext Bill

Staff Analysis of the Legislation

Summary of the bill as introduced: Changes the name of the Local Government Fund to the Local Government Revenue Sharing Fund and requires the Fund for the upcoming fiscal year to increase by the same projected increase as the state general fund not to exceed five percent compared to the appropriation in the current fiscal 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