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S 0368 -	Prohibits agencies, departments and institutions of the state from running deficits

Tracking Level:

Of Interest

Sponsor:

Sheheen

Last Action:

1/13/2011 - Referred to Committee on Finance

Senate Committee:

Assigned To:

Staff Analysis of the Legislation
Summary of the bill as introduced: Prohibits agencies, departments, and institutions of the state from running a deficit for the fiscal year. This bill also prohibits the General Assembly from authorizing supplemental appropriations to any agency projected to run a deficit.

Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text

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