South Carolina § 2-65-40 Expenditure of "other" funds; authorization; Committee reports.

South Carolina Statutes

§ 2-65-40 — Expenditure of "other" funds; authorization; Committee reports.

South Carolina·Title 2 GENERAL ASSEMBLY·Ch. 65 SOUTH CAROLINA FEDERAL AND OTHER FUNDS OVERSIGHT ACT

(A)A state agency may spend "other" funds above the amount in the appropriations act and increases in anticipated federal programs if the expenditure of the funds receives the authorization of the board.

(B)Authorizations under this section are subject to the following standards, as applicable:

(1)the proposed use of the funds do not result in a fund of surplus money which may be used by the agency to expand programs without legislative approval;

(2)if the funds are earmarked for specific use in the appropriations act, or by federal law or regulation, any additional funds must be used for the same purpose;

(3)if the increase results from a fee or charge for service, the agency has the legal authority to impose the fee, and has secured any approvals required by applicable law or regula

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(A) A state agency may spend "other" funds above the amount in the appropriations act and increases in anticipated federal programs if the expenditure of the funds receives the authorization of the board. (B) Authorizations under this section are subject to the following standards, as applicable: (1) the proposed use of the funds do not result in a fund of surplus money which may be used by the agency to expand programs without legislative approval; (2) if the funds are earmarked for specific use in the appropriations act, or by federal law or regulation, any additional funds must be used for the same purpose; (3) if the increase results from a fee or charge for service, the agency has the legal authority to impose the fee, and has secured any approvals required by applicable law or regulations; (4) the proposed use of funds assists the state agency to achieve objectives or goals in keeping with the recognized powers and functions of the state agency; (5) if the funds are generated from a new revenue source: (a) the proposed use of funds covers only a minimum amount of administrative costs necessary to support the revenue collection, and any excess must be remitted to the general fund of the State; (b) it is determined that the requesting state agency is the appropriate entity to carry out the proposed activities and no duplication of services is created by the authorization; (6) if the increase in federal funds requires a corresponding increase in state matching funds, the state match is available from existing resources. (C) The board shall provide the House Ways and Means Committee and the Senate Finance Committee with periodic reports which describe actions taken under the provisions of this section.

South Carolina § 2-65-40 (Expenditure of "other" funds; authorization; Committee reports.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

HISTORY: 1978 Act No. 651, SECTION 6; 1981 Act No. 178, Part II, SECTION 18; 1978 Act No. 651, SECTION 6; 1981 Act No. 178, Part II, SECTION 18D; 1983 Act No. 151, Part II, SECTION 10E; 1986 Act No. 455, SECTION 2(C); 1996 Act No. 458, Part II, SECTION 35A; 1998 Act No. 419, Part II, SECTION 12A.