South Carolina Code of Regulations
Chapter 19 - STATE BUDGET AND CONTROL BOARD
Article 1 - OFFICE OF EXECUTIVE DIRECTOR
Section 19-103.01 - Calculation and Certification of State Ceiling
Universal Citation: SC Code Regs 19-103.01
Current through Register Vol. 48, No. 9, September 27, 2024
The State Ceiling, as established in the Deficit Reduction Act of 1984 (the Act), shall be calculated by the Secretary of the Budget and Control Board based upon the provisions of the Act and certified to by him as soon as practicable after the estimates of the population of the State of South Carolina are published by the Bureau of the Census and in no event later than February 1 of each calendar year; provided, that he shall calculate and certify the State Ceiling for the calendar year 1984 no later than fifteen (15) days following the issuance of these regulations.
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