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A162, R186, H3083
STATUS INFORMATION
General Bill
Sponsors: Reps. Pitts, Daning, Toole, G.M. Smith, Clyburn, Bingham, J.R. Smith, Huggins, Young, Taylor, Long, H.B. Brown, Ryan, Whipper and R.L. Brown
Document Path: l:\council\bills\bbm\9885htc11.docx
Companion/Similar bill(s): 138, 139, 3084
Introduced in the House on January 11, 2011
Introduced in the Senate on May 24, 2011
Last Amended on March 27, 2012
Passed by the General Assembly on May 3, 2012
Governor's Action: May 14, 2012, Signed
Summary: S.C. Conservation Bank Reauthorization Act
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number ------------------------------------------------------------------------------- 12/7/2010 House Prefiled 12/7/2010 House Referred to Committee on Ways and Means 1/11/2011 House Introduced and read first time (House Journal-page 38) 1/11/2011 House Referred to Committee on Ways and Means (House Journal-page 39) 3/2/2011 House Member(s) request name added as sponsor: J.R.Smith 3/8/2011 House Member(s) request name added as sponsor: Huggins 3/9/2011 House Member(s) request name added as sponsor: Young, Taylor 3/10/2011 House Member(s) request name added as sponsor: Long 4/6/2011 House Committee report: Favorable Ways and Means (House Journal-page 60) 4/13/2011 House Member(s) request name added as sponsor: H.B.Brown, Ryan, Whipper, R.L.Brown 4/13/2011 House Debate adjourned until Thursday, April 14, 2011 (House Journal-page 66) 4/14/2011 House Requests for debate-Rep(s). Hamilton, White, Pitts, GR Smith, Henderson, Nanney, Norman, Patrick, and Forrester (House Journal-page 14) 4/27/2011 House Requests for debate removed-Rep(s). GR Smith, Forrester, and Henderson (House Journal-page 89) 4/28/2011 House Requests for debate removed-Rep(s). Pitts and White (House Journal-page 39) 4/28/2011 House Requests for debate removed-Rep(s). Patrick (House Journal-page 40) 4/28/2011 House Requests for debate-Rep(s). Stringer, Henderson, Corbin, Norman, Loftis, Weeks, Owens, Bikas, and Frye (House Journal-page 60) 4/28/2011 House Debate adjourned until Tuesday, May 3, 2011 (House Journal-page 83) 5/4/2011 House Requests for debate-Rep(s). Pitts, Barfield, Merrill, Erickson, Tribble, Willis, and Toole (House Journal-page 39) 5/18/2011 House Debate adjourned until Thursday, May 19, 2011 (House Journal-page 31) 5/18/2011 House Reconsidered (House Journal-page 41) 5/18/2011 House Amended (House Journal-page 42) 5/18/2011 House Read second time (House Journal-page 42) 5/18/2011 House Roll call Yeas-95 Nays-16 (House Journal-page 42) 5/19/2011 House Read third time and sent to Senate (House Journal-page 35) 5/19/2011 Scrivener's error corrected 5/24/2011 Senate Introduced and read first time (Senate Journal-page 15) 5/24/2011 Senate Referred to Committee on Finance (Senate Journal-page 15) 3/21/2012 Senate Committee report: Favorable Finance (Senate Journal-page 18) 3/27/2012 Senate Committee Amendment Adopted (Senate Journal-page 21) 4/19/2012 Senate Read second time (Senate Journal-page 26) 4/19/2012 Senate Roll call Ayes-38 Nays-2 (Senate Journal-page 26) 5/1/2012 Senate Read third time and returned to House with amendments (Senate Journal-page 18) 5/3/2012 House Concurred in Senate amendment and enrolled (House Journal-page 49) 5/3/2012 House Roll call Yeas-89 Nays-0 (House Journal-page 50) 5/8/2012 Ratified R 186 5/14/2012 Signed By Governor 5/17/2012 Effective date 05/14/12 5/21/2012 Act No. 162
View the latest legislative information at the LPITS web site
VERSIONS OF THIS BILL
12/7/2010
4/6/2011
5/18/2011
5/19/2011
3/21/2012
3/27/2012
(A162, R186, H3083)
AN ACT TO AMEND ACT 200 OF 2002, RELATING TO THE ESTABLISHMENT AND FUNDING SOURCES OF THE SOUTH CAROLINA CONSERVATION BANK, SO AS TO EXTEND FOR FIVE YEARS THROUGH JUNE 30, 2018, THE PROVISIONS OF CHAPTER 59, TITLE 48, CODE OF LAWS OF SOUTH CAROLINA, 1976, THE SOUTH CAROLINA CONSERVATION BANK ACT OTHERWISE SCHEDULED FOR REPEAL EFFECTIVE JULY 1, 2013, AND SIMILARLY TO EXTEND THE PROVISIONS OF ACT 200 OF 2002, RELATING TO FUNDING SOURCES AND OTHER MATTERS RELATING TO THE OPERATION OF THE SOUTH CAROLINA CONSERVATION BANK.
Be it enacted by the General Assembly of the State of South Carolina:
South Carolina Conservation Bank and funding sources extended
SECTION 1. Section 7 of Act 200 of 2002 is amended to read:
"Section 7. Chapter 59, Title 48 of the 1976 Code and Sections 2 through 6 of this act are repealed effective July 1, 2018, unless reenacted or otherwise extended by the General Assembly. However, the South Carolina Conservation Bank established by this act may continue to operate as if Chapter 59, Title 48 of the 1976 Code was not repealed until the South Carolina Conservation Bank Trust Fund is exhausted or July 1, 2021, whichever first occurs. Any balance in that trust fund on July 1, 2021, reverts to the general fund of the State. Repeal does not affect any rights, obligations, liabilities, or debts due the South Carolina Conservation Bank. For these purposes, after the bank's termination, the State Budget and Control Board is the bank's successor, except that, after the bank's termination, the board's voting rights provided in the former provisions of Section 48-59-80(F), (G), (H), and (I) of the 1976 Code are devolved upon the Department of Natural Resources Board, and any contribution to the trust fund required pursuant to the former provisions of Section 48-59-80(H) of the 1976 Code must be made to the Heritage Trust Program."
Time effective
SECTION 2. This act takes effect upon approval by the Governor.
Ratified the 8th day of May, 2012.
Approved the 14th day of May, 2012.
This web page was last updated on Tuesday, December 10, 2013 at 10:13 A.M.