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H 3137 - Changes the funding formula of the Local Government Fund

Tracking Level: Priority
Sponsor: Murrell Smith (R)
Last Action: 2/5/2019 - Senate - Referred to Committee on Finance
House Committee: WM
Senate Committee: Fin
Assigned To:
Finance/Revenue/TaxesNext Bill
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Week of 01.21.2019Next Bill
Week of 01.28.2019Next Bill
Staff: Melissa Carter (mcarter@masc.sc or 803.933.1251)

Staff Analysis of the Legislation

01.29.2019 The House Ways and Means Committee gave this bill a favorable report as amended by the subcommittee.
01.24.2019 The House Ways and Means General Government Legislative subcommittee gave this bill a favorable report as amended. The amendment deletes the language that changes the name of the Local Government Fund and keeps the city portion of the LGF at 16.7222 percent instead of the 17 percent in the bill. 
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 percentage that the state general fund is projected to increase, not to exceed five percent compared to the appropriation in the current fiscal year.

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Session 123 - (2019-2020)Printer Friendly
(pdf format)
H 3137 General Bill, By G.M. Smith, Lucas, Ott, Stavrinakis, Simrill, Rutherford, Pope, Clyburn, S. Williams, Cobb-Hunter, Bailey, Erickson, Bradley, Yow, Forrest, Kirby, Sottile, Murphy, Chellis, Kimmons, Rose, Wheeler, Young, Clemmons, Cogswell, Gilliard, B. Newton, Anderson, Jefferson, Bales, Blackwell, McDaniel, Moore, R. Williams and Henderson-Myers
Summary: State Aid to Subdivisions Act
    A BILL TO AMEND CHAPTER 27, TITLE 6, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE STATE AID TO SUBDIVISIONS ACT, SO AS TO CHANGE THE NAME OF THE LOCAL GOVERNMENT FUND, TO DELETE THE REQUIREMENT THAT THE FUND RECEIVE NO LESS THAN FOUR AND ONE-HALF PERCENT OF THE GENERAL FUND REVENUES OF THE LATEST COMPLETED FISCAL YEAR, TO DELETE A PROVISION REGARDING MIDYEAR CUTS, TO PROVIDE THAT THE APPROPRIATION TO THE FUND MUST BE INCREASED BY THE SAME PERCENTAGE THAT GENERAL FUND REVENUES ARE PROJECTED TO INCREASE, IF APPLICABLE, BUT NOT TO EXCEED FIVE PERCENT, TO REQUIRE THAT THE PERCENTAGE INCREASE, IF APPLICABLE, BE INCLUDED IN ALL STAGES OF THE BUDGET PROCESS, TO AMEND THE DISTRIBUTION PERCENTAGE OF THE FUND, AND TO DELETE A PROVISION REQUIRING AMENDMENTS TO THE STATE AID TO SUBDIVISIONS ACT BE INCLUDED IN SEPARATE LEGISLATION.
View full text          View Vote History          View Fiscal Impact
12/18/18House Prefiled
12/18/18House Referred to Committee on Ways and Means
01/08/19House Introduced and read first time (House Journal-page 99)
01/08/19House Referred to Committee on Ways and Means (House Journal-page 99)
01/10/19House Member(s) request name added as sponsor: Cobb-Hunter
01/16/19House Member(s) request name added as sponsor: Bailey, Erickson, Bradley, Yow, Forrest, Kirby
01/24/19House Member(s) request name added as sponsor: Sottile
01/29/19House Member(s) request name added as sponsor: Murphy, Chellis, Kimmons
01/30/19House Member(s) request name added as sponsor: Rose, Wheeler
01/30/19House Committee report: Favorable with amendment Ways and Means (House Journal-page 18)
01/31/19House Member(s) request name added as sponsor: Gilliard, Young, Clemmons, Cogswell, B.Newton, Anderson, Jefferson, Bales, Blackwell, McDaniel, Moore, R.Williams, Henderson-Myers
01/31/19House Amended (House Journal-page 34)
01/31/19House Read second time (House Journal-page 34)
01/31/19House Roll call Yeas-112 Nays-0 (House Journal-page 37)
01/31/19House Unanimous consent for third reading on next legislative day (House Journal-page 39)
02/01/19House Read third time and sent to Senate (House Journal-page 2)
02/05/19Senate Introduced and read first time (Senate Journal-page 11)
02/05/19Senate Referred to Committee on Finance (Senate Journal-page 11)



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