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Session 122 - (2017-2018)Printer Friendly
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H 3927 General Bill, By Simrill, Herbkersman, J.E. Smith, Bernstein, G.M. Smith and Weeks
Summary: Interest rates on bonds approved by Fiscal Accountability Authority
    A BILL TO AMEND SECTION 41-43-100, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE REQUIREMENT THAT THE STATE FISCAL ACCOUNTABILITY AUTHORITY APPROVE INTEREST RATES ON BONDS ISSUED TO FINANCE INDUSTRIAL DEVELOPMENT PROJECTS UNDER THE SOUTH CAROLINA JOBS-ECONOMIC DEVELOPMENT FUND ACT, SO AS TO DELETE THE REQUIREMENT AND TO SPECIFY APPROVAL OF THESE INTEREST RATES BY THE SOUTH CAROLINA COORDINATING COUNCIL FOR ECONOMIC DEVELOPMENT IS NOT REQUIRED; AND TO AMEND SECTION 41-43-110, AS AMENDED, RELATING TO THE POWER OF THE AUTHORITY TO ISSUE CERTAIN BONDS, SO AS TO MAKE CONFORMING AND RELATED CHANGES.
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03/07/17House Introduced and read first time (House Journal-page 77)
03/07/17House Referred to Committee on Ways and Means (House Journal-page 77)
03/07/17House Member(s) request name added as sponsor: J.E.Smith, Bernstein
03/08/17House Member(s) request name added as sponsor: G.M.Smith, Weeks
03/22/17House Committee report: Favorable Ways and Means (House Journal-page 44)
03/23/17House Read second time (House Journal-page 36)
03/23/17House Roll call Yeas-99 Nays-5 (House Journal-page 36)
03/23/17House Unanimous consent for third reading on next legislative day (House Journal-page 38)
03/23/17 Scrivener's error corrected
03/24/17House Read third time and sent to Senate (House Journal-page 2)
03/29/17Senate Introduced and read first time (Senate Journal-page 14)
03/29/17Senate Referred to Committee on Labor, Commerce and Industry (Senate Journal-page 14)
04/27/17Senate Committee report: Favorable with amendment Labor, Commerce and Industry



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