South Carolina Statutes
§ 48-62-50 — Creation of fund; use of funds.
South Carolina·Title 48 ENVIRONMENTAL PROTECTION AND CONSERVATION·Ch. 62 DISASTER RELIEF AND RESILIENCE ACT
There is created in the State Treasury the Disaster Relief and Resilience Reserve Fund, which shall be separate and distinct from the general fund and all other reserve funds. Funds appropriated to the fund only may be used to develop, implement, and maintain the Statewide Resilience Plan, and for disaster relief assistance, hazard mitigation, and infrastructure improvements as set forth in this article. Interest accrued by the fund must remain in the fund and unexpended funds must be retained and carried forward to be used for the same purposes.
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Legislative History
HISTORY: 2020 Act No. 163 (S.259), SECTION 1.A, eff September 29, 2020.
Nearby Sections
15
§ 48-62-10
Definitions.§ 48-62-310
Definitions.§ 48-62-320
Creation of fund; authority.§ 48-62-330
Authority; authorizations and functions.§ 48-62-360
Sources of funding.§ 48-62-370
Actions of office.§ 48-62-380
Construction of article.§ 48-62-40
Creation of committee; membership.§ 48-62-50
Creation of fund; use of funds.