SOUTH CAROLINA REVENUE AND FISCAL AFFAIRS OFFICE
S
TATEMENT OF ESTIMATED FISCAL IMPACT
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This fiscal impact statement is produced in compliance with the South Carolina Code of Laws and House and Senate rules. The focus of
the analysis is on governmental expenditure and revenue impacts and may not provide a comprehensive summary of the legislation.
__________________________________
Frank A. Rainwater, Executive Director
DISCLAIMER: THIS FISCAL IMPACT STATEMENT REPRESENTS THE OPINION AND INTERPRETATION OF THE
AGENCY OFFICIAL WHO APPROVED AND SIGNED THIS DOCUMENT. IT IS PROVIDED AS INFORMATION TO
THE GENERAL ASSEMBLY AND IS NOT TO BE CONSIDERED AS AN EXPRESSION OF LEGISLATIVE INTENT.
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S. 0245
Fiscal Impact Summary
This concurrent resolution allows the General Assembly to apply to the Congress of the United
States for the calling of a convention of the states with the purpose of proposing amendments to
the United States Constitution related to federal spending and balancing the federal budget. This
concurrent resolution is not expected to have an expenditure impact on the Senate or the House
of Representatives since we anticipate that any responsibilities can be managed within the
normal course of business for both legislative bodies.
Explanation of Fiscal Impact
Introduced on January 16, 2025
State Expenditure
This concurrent resolution allows the General Assembly to apply to the Congress of the United
States for the calling of a convention of the states with the purpose of proposing amendments to
the United States Constitution related to federal spending and balancing the federal budget. We
anticipate this concurrent resolution can be managed within the normal course of business for the
Senate and the House of Representatives. Therefore, this concurrent resolution is not expected to
have an expenditure impact on either legislative body.
State Revenue
N/A
Local Expenditure
N/A
Local Revenue
N/A
Bill Number: S. 0245 Introduced on Januar
y 16, 2025
Subject: Federal Balanced Bud get Amendment
Requestor: Senate Judiciary
RFA Analyst(s): Wren
Impact Date: January 29, 2025