The bill H. 4618 proposes an amendment to the South Carolina Code of Laws by adding Section 11-9-150, which stipulates that certain payroll funds, specifically those appropriated for classified or unclassified positions, as well as any other funds allocated for payroll, may not be carried forward. Instead, these funds must revert to the general fund, thereby preventing any unspent payroll allocations from being utilized in future fiscal periods.
This legislation aims to ensure that appropriated funds are used within the designated fiscal year and to promote fiscal responsibility by returning unused payroll funds to the general fund. The bill is currently residing in the House Committee on Ways and Means and will take effect upon approval by the Governor.
Statutes affected: 12/17/2025: 11-9-150
Latest Version: 11-9-150