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 appropriate to the Capital Reserve Fund (the "reserve and capital improvements" fund) from 2% of the previous year's revenue to 3% of the previous year's revenue and requiring that the Capital Reserve Fund's first priority is to offset midyear budget cuts at state agencies.
A "no" vote opposes increasing the amount of money state government must appropriate to the Capital Reserve Fund (the "reserve and capital improvements" fund). The Capital Reserve Fund will remain at 2% of the previous year's revenue.
Must Section 36(B), Article III of the Constitution of this State be amended so as to provide that the Capital Reserve Fund of two percent of the general fund revenue of the latest completed fiscal year be increased to three percent of the general fund revenue of the latest completed fiscal year and to provide that the first use of the Capital Reserve Fund must be to offset midyear budget reductions?
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