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S 0103 - Changes the funding formula of the Local Government Fund

Tracking Level: Of Interest
Sponsor: George Campsen (R)
Last Action: 1/8/2019 - Senate - Referred to Committee on Finance
Senate Committee: Fin
Assigned To:
Finance/Revenue/TaxesNext Bill

Staff Analysis of the Legislation

Summary of the bill as introduced: Requires the Local Government Fund appropriations to be no less than the greater of two amounts: the allocation ratio of the latest fiscal year, or the average of the allocation ratio of the last five fiscal years.

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