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Session 121 - (2015-2016)Printer Friendly
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S*0652 (Rat #0221, Act #0203 of 2016) General Bill, By L. Martin
Summary: Savings promotion contests
AN ACT TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING CHAPTER 45 TO TITLE 34 SO AS TO AUTHORIZE FINANCIAL INSTITUTIONS THAT DO BUSINESS IN SOUTH CAROLINA TO CONDUCT SAVINGS PROMOTION CONTESTS FOR MEMBERS AND CUSTOMERS OF THE FINANCIAL INSTITUTIONS, TO PROVIDE DEFINITIONS, TO PROVIDE CERTAIN CONDITIONS FOR CONDUCTING A SAVING PROMOTION CONTEST BY A PARTICIPATING FINANCIAL INSTITUTION, AND TO AUTHORIZE THE APPROPRIATE FEDERAL OR STATE REGULATORY AGENCY OF EACH FINANCIAL INSTITUTION TO OVERSEE THE CONDUCT OF THE CONTESTS AND ISSUE CEASE AND DESIST ORDERS WHEN NECESSARY. - ratified title
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Summary: Savings promotion contests
AN ACT TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING CHAPTER 45 TO TITLE 34 SO AS TO AUTHORIZE FINANCIAL INSTITUTIONS THAT DO BUSINESS IN SOUTH CAROLINA TO CONDUCT SAVINGS PROMOTION CONTESTS FOR MEMBERS AND CUSTOMERS OF THE FINANCIAL INSTITUTIONS, TO PROVIDE DEFINITIONS, TO PROVIDE CERTAIN CONDITIONS FOR CONDUCTING A SAVING PROMOTION CONTEST BY A PARTICIPATING FINANCIAL INSTITUTION, AND TO AUTHORIZE THE APPROPRIATE FEDERAL OR STATE REGULATORY AGENCY OF EACH FINANCIAL INSTITUTION TO OVERSEE THE CONDUCT OF THE CONTESTS AND ISSUE CEASE AND DESIST ORDERS WHEN NECESSARY. - ratified title
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| 04/14/15 | Senate | Introduced and read first time (Senate Journal-page 9) |
| 04/14/15 | Senate | Referred to Committee on Banking and Insurance (Senate Journal-page 9) |
| 05/27/15 | Senate | Committee report: Favorable Banking and Insurance (Senate Journal-page 30) |
| 05/28/15 | Scrivener's error corrected | |
| 05/28/15 | Senate | Read second time (Senate Journal-page 21) |
| 05/28/15 | Senate | Roll call Ayes-38 Nays-0 (Senate Journal-page 21) |
| 06/02/15 | Senate | Read third time and sent to House (Senate Journal-page 24) |
| 06/03/15 | House | Introduced and read first time (House Journal-page 7) |
| 06/03/15 | House | Referred to Committee on Labor, Commerce and Industry (House Journal-page 7) |
| 05/05/16 | House | Committee report: Favorable with amendment Labor, Commerce and Industry (House Journal-page 156) |
| 05/17/16 | House | Amended (House Journal-page 35) |
| 05/17/16 | House | Read second time (House Journal-page 35) |
| 05/17/16 | House | Roll call Yeas-111 Nays-0 (House Journal-page 35) |
| 05/18/16 | House | Read third time and returned to Senate with amendments (House Journal-page 66) |
| 05/24/16 | Senate | Concurred in House amendment and enrolled (Senate Journal-page 112) |
| 05/24/16 | Senate | Roll call Ayes-36 Nays-0 (Senate Journal-page 112) |
| 06/02/16 | Ratified R 221 | |
| 06/03/16 | Signed By Governor | |
| 06/09/16 | Effective date 06/03/16 | |
| 06/09/16 | Act No. 203 |