(A) The chairman of the legislative committee to which a bill or resolution was referred shall direct the Revenue and Fiscal Affairs Office to prepare and affix to it a statement of the estimated fiscal and revenue impact and cost to the counties and municipalities of the proposed legislation before the legislation is reported out of that committee if a bill or resolution:
(1) requires a county or municipality to expend funds allocated to the county or municipality pursuant to Chapter 27 of Title 6;
(2) is introduced in the General Assembly to require the expenditure of funds by a county or municipality;
(3) requires the use of county or municipal personnel, facilities, or equipment to implement a general law or regulations promulgated pursuant to a general law; or
(4) relates to taxes imposed by political subdivisions.
(B) A revised estimated fiscal and revenue impact and cost statement must be prepared at the direction of the presiding officer of the House of Representatives or the Senate by the Revenue and Fiscal Affairs Office before third reading of the bill or resolution, if there is a significant amendment to the bill or resolution.
(C) For purposes of this section, "political subdivision" means a county, municipality, school district, special purpose district, public service district, or consolidated political subdivision.
HISTORY: 1991 Act No. 171, Part II, Section 27; 1994 Act No. 497, Part II, Section 115; 1999 Act No. 114, Section 3; 2014 Act No. 121 (S.22), Pt VI, Section 8.H, eff July 1, 2014.
Effect of Amendment
2014 Act No. 121, Section 8.H, in subsections (A) and (B), substituted "Revenue and Fiscal Affairs Office" for "Budget Division or the Economic Research Section of the Budget and Control Board, as appropriate," and substituted "estimated fiscal and revenue impact" for estimated fiscal or revenue impact".
Structure South Carolina Code of Laws
Chapter 7 - Legislative Enactments
Section 2-7-10. Effective date of legislative enactments.
Section 2-7-20. Effect of repeal of legislative enactment.
Section 2-7-30. Construction of words.
Section 2-7-35. Handicapped person defined.
Section 2-7-50. Amendments, additions and repeals may be made by reference to this Code.
Section 2-7-60. Annual general appropriations act.
Section 2-7-70. Itemization of appropriation bills.
Section 2-7-71. Tax bills; requirement of estimated revenue impact statement.
Section 2-7-74. Statement of estimated fiscal impacts of criminal offense changes.
Section 2-7-80. Printing and distribution of acts; copies.
Section 2-7-90. Use of certified mail satisfies requirement for registered mail.
Section 2-7-105. Authorization for state capital improvement bonds.
Section 2-7-115. Appropriations for debt service in general appropriations act; additional bonds.
Section 2-7-125. Recorded roll call vote defined; when required.
Section 2-7-210. Clerk shall correct typographical and clerical errors in legislative enactments.
Section 2-7-220. Procedure for making corrections.
Section 2-7-230. Doubtful matters shall not be corrected.
Section 2-7-240. No correction shall be made after fifteen days.
Section 2-7-410. Petition and draft of bill for legislation for private purposes.
Section 2-7-420. Statement of reasons for legislative charter.
Section 2-7-430. Application for charter or incorporation of transportation company.
Section 2-7-440. Statement of merits effect on others and notice.