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S 0407 - Requires "other funds" to be transferred to the state general fund from the 2010 budget

Tracking Level: Of Interest
Sponsor: Rose
Last Action: 1/20/2011 - Referred to Committee on Finance
Senate Committee:
Assigned To:
01.24.11Next Bill
01.31.11Next Bill
02.07.11Next Bill
Assign Staff: Melissa Carter (mcarter@masc.sc)

Staff Analysis of the Legislation

02.09.11 The Senate Finance Sales and Income Taxation subcommittee carried this bill over.
02.01.11 The Senate Finance Sales and Income Taxation subcommittee carried this bill over.
Summary of the bill as introduced: Requires an amount equal to 10 percent of "other funds" be transferred to the state general fund from the 2010 budget.

Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text
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Session 119 - (2011-2012)
S 0407 General Bill, By Rose, McConnell, Thomas, S. Martin, Bright and Peeler
Similar (H 3579)
Summary: Act 291 of 2010 Appropriations
    A BILL TO AMEND ACT 291 OF 2010, AN ACT TO MAKE APPROPRIATIONS AND TO PROVIDE REVENUES TO MEET THE ORDINARY EXPENSES OF STATE GOVERNMENT FOR THE FISCAL YEAR BEGINNING JULY 1, 2010, SO AS TO PROVIDE THAT, UNLESS OTHERWISE PROHIBITED BY LAW AND NOTWITHSTANDING THE AMOUNTS OF "OTHER FUNDS" APPROPRIATED BY ACT 291, AN AMOUNT EQUAL TO TEN PERCENT OF "OTHER FUNDS" IS TRANSFERRED TO THE STATE GENERAL FUND, AND TO SPECIFY HOW THE TRANSFERRED FUNDS ARE TO BE APPROPRIATED.
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01/20/11Senate Introduced and read first time (Senate Journal-page 5)
01/20/11Senate Referred to Committee on Finance (Senate Journal-page 5)








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