The bill, S. 291, is a joint resolution introduced in the South Carolina Senate to ensure the continued authority to pay state government expenses if the 2025-2026 fiscal year begins without an enacted general appropriations act. It stipulates that recurring expenses will be funded at the levels appropriated in Act 226 of 2024, while non-recurring appropriations from that act will not be funded under this resolution. Additionally, study committees established by Act 226 of 2024 will be considered dissolved unless reauthorized by the General Assembly. The effective dates of certain parts of Act 226 are extended until a new appropriations act is enacted.
Furthermore, the resolution allows for necessary appropriations from the general fund to cover timely debt service on state obligations and other constitutionally required appropriations, including the Capital Reserve Fund, until a new general appropriations act is in effect. The General Reserve fund will also be established as required by law. This joint resolution will take effect upon the Governor's approval.