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Session 120 - (2013-2014)Printer Friendly
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H 3125 General Bill, By Hodges, M.S. McLeod, Mitchell, Whipper, R.L. Brown, Hiott, Toole, Hardee, Cobb-Hunter, Dillard and Robinson-Simpson
Summary: Microenterprise Development Act
    A BILL TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, SO AS TO ENACT THE "MICROENTERPRISE DEVELOPMENT ACT" BY ADDING CHAPTER 55 TO TITLE 11 SO AS TO PROVIDE THAT THE DEPARTMENT OF COMMERCE SHALL ESTABLISH THE MICROENTERPRISE PARTNERSHIP PROGRAM TO PROMOTE AND FACILITATE THE DEVELOPMENT OF MICROENTERPRISES IN THIS STATE AND TO DEFINE "MICROENTERPRISE" AS A BUSINESS, WHETHER NEW OR EXISTING, INCLUDING STARTUP, HOME-BASED, AND SELF EMPLOYMENT, WITH FIVE OR FEWER EMPLOYEES; TO PROVIDE THAT THE DEPARTMENT SHALL AWARD GRANTS TO COMMUNITY ORGANIZATIONS TO MAKE LOANS AND DEVELOP LOAN SOURCES; TO ESTABLISH CRITERIA TO BE CONSIDERED IN AWARDING GRANTS; TO PROVIDE THAT APPROPRIATED FUNDS MAY BE AWARDED AS A GRANT TO MICROLOAN DELIVERY ORGANIZATIONS AND THAT SUCH GRANTS MUST BE MATCHED BY NONSTATE FUNDS; TO PROVIDE THE PURPOSE FOR WHICH GRANT FUNDS MAY BE EXPENDED; TO PROVIDE CERTAIN PROVISIONS THAT MUST BE IN A CONTRACT BETWEEN THE DEPARTMENT AND A STATEWIDE MICROLENDING SUPPORT ORGANIZATION; AND TO REQUIRE THE STATE TO SUBMIT AN ANNUAL REPORT TO THE GOVERNOR AND GENERAL ASSEMBLY.
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12/11/12House Prefiled
12/11/12House Referred to Committee on Ways and Means
01/08/13House Introduced and read first time (House Journal-page 96)
01/08/13House Referred to Committee on Ways and Means (House Journal-page 96)
01/10/13House Member(s) request name added as sponsor: M.S.McLeod
04/10/13House Member(s) request name added as sponsor: Mitchell
04/17/13House Member(s) request name added as sponsor: Whipper, R.L.Brown
04/18/13House Committee report: Favorable Ways and Means (House Journal-page 20)
04/24/13House Member(s) request name added as sponsor: Hiott, Toole, Hardee, Cobb-Hunter, Dillard
04/24/13House Requests for debate-Rep(s). Norman, Atwater, Felder, Wells, Taylor, Ryhal, Brannon, Wood, Allison, Forrester, Edge, Jefferson, Southard, Crosby, Whipper (House Journal-page 125)
05/01/13House Member(s) request name added as sponsor: Robinson-Simpson
05/15/13House Debate adjourned until Thur., 5-16-13 (House Journal-page 26)
05/30/13House Read second time (House Journal-page 86)
05/30/13House Roll call Yeas-49 Nays-37 (House Journal-page 87)
05/30/13House Unanimous consent for third reading on next legislative day (House Journal-page 88)
05/31/13House Read third time and sent to Senate (House Journal-page 3)
06/04/13Senate Introduced and read first time (Senate Journal-page 15)
06/04/13Senate Referred to Committee on Finance (Senate Journal-page 15)
04/09/14Senate Committee report: Favorable with amendment Finance (Senate Journal-page 22)
04/11/14 Scrivener's error corrected



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