Measure on the ballot in the 2022 South Carolina General Election in South Carolina.
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Get StartedA "yes" vote supports increasing the amount of money state government must keep in the General Reserve Fund (its "rainy day" fund) from 5% of the previous year's revenue to 7% of the previous year's revenue. The increase would be incremental, at a rate of a one-half percent increase each year.
A "no" vote opposes increasing the amount of money state government must keep in the General Reserve Fund (its "rainy day" fund) from 5% of the state general fund's revenue to 7%. The General Reserve Fund will remain at 5% of the previous year's revenue.
Must Section 36(A), Article III of the Constitution of this State, relating to the General Reserve Fund, be amended so as to provide that the General Reserve Fund of five percent of general fund revenue of the latest completed fiscal year must be increased each year by one-half of one percent of the general fund revenue of the latest completed fiscal year until it equals seven percent of such revenues?
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