South Carolina General Assembly
122nd Session, 2017-2018

Download This Bill in Microsoft Word format

A202, R220, S928

STATUS INFORMATION

General Bill
Sponsors: Senators Scott, Jackson, McLeod, Campbell and Johnson
Document Path: l:\council\bills\ggs\22058zw18.docx

Introduced in the Senate on January 24, 2018
Introduced in the House on March 22, 2018
Last Amended on May 9, 2018
Passed by the General Assembly on May 10, 2018
Governor's Action: May 18, 2018, Signed

Summary: Special purpose districts, transfer of art to nonprofits

HISTORY OF LEGISLATIVE ACTIONS

     Date      Body   Action Description with journal page number
-------------------------------------------------------------------------------
   1/24/2018  Senate  Introduced and read first time (Senate Journal-page 4)
   1/24/2018  Senate  Referred to Committee on Judiciary 
                        (Senate Journal-page 4)
    2/8/2018  Senate  Referred to Subcommittee: Talley (ch), McLeod, Senn
   3/14/2018  Senate  Committee report: Favorable with amendment Judiciary 
                        (Senate Journal-page 10)
   3/20/2018  Senate  Committee Amendment Adopted (Senate Journal-page 31)
   3/20/2018  Senate  Read second time (Senate Journal-page 31)
   3/20/2018  Senate  Roll call Ayes-43  Nays-0 (Senate Journal-page 31)
   3/21/2018  Senate  Read third time and sent to House 
                        (Senate Journal-page 20)
   3/22/2018  House   Introduced and read first time (House Journal-page 4)
   3/22/2018  House   Referred to Committee on Judiciary (House Journal-page 4)
    5/3/2018  House   Committee report: Favorable with amendment Judiciary 
                        (House Journal-page 44)
    5/4/2018          Scrivener's error corrected
    5/9/2018  House   Amended (House Journal-page 82)
    5/9/2018  House   Read second time (House Journal-page 82)
    5/9/2018  House   Roll call Yeas-99  Nays-0 (House Journal-page 83)
   5/10/2018  House   Read third time and returned to Senate with amendments 
                        (House Journal-page 15)
   5/10/2018  Senate  Concurred in House amendment and enrolled 
                        (Senate Journal-page 51)
   5/10/2018  Senate  Roll call Ayes-41  Nays-0 (Senate Journal-page 51)
   5/14/2018          Ratified R 220
   5/18/2018          Signed By Governor
   5/24/2018          Effective date 05/18/18
   5/31/2018          Act No. 202

View the latest legislative information at the website

VERSIONS OF THIS BILL

1/24/2018
3/14/2018
3/20/2018
5/3/2018
5/4/2018
5/9/2018


(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

(A202, R220, S928)

AN ACT TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 6-1-180 SO AS TO DELINEATE THE CONDITIONS UNDER WHICH SPECIAL PURPOSE DISTRICTS MAY TRANSFER OWNERSHIP OF WORKS OF ART ACQUIRED BY GIFT, BEQUEST, PURCHASE, OR BY OTHER MEANS TO NONPROFIT CORPORATIONS ORGANIZED FOR THE PURPOSE OF DISPLAYING WORKS OF ART.

Be it enacted by the General Assembly of the State of South Carolina:

Conditions under which special purpose districts may transfer works of art

SECTION    1.    Article 1, Chapter 1, Title 6 of the 1976 Code is amended by adding:

"Section 6-1-180.    (A)    Notwithstanding another provision of law, a special purpose district that has acquired a work of art by gift, bequest, purchase, or other means, may transfer ownership of the object:

(1)    to a nonprofit corporation organized for the purpose of displaying works of art for the public; and

(2)    for the consideration and upon the terms the governing body of the special purpose district, in its discretion, finds to be sufficient and appropriate.

(B)    A transfer of a work of art by a special purpose district to a nonprofit corporation pursuant to this section must be documented by written agreement in which the nonprofit corporation must covenant that money proceeds, if any, which arise from its subsequent transfer of a work of art must be held by the nonprofit corporation and expended solely in furtherance of its purpose of displaying works of art for the public."

Time effective

SECTION    2.    This act takes effect upon approval by the Governor.

Ratified the 14th day of May, 2018.

Approved the 18th day of May, 2018.

__________


This web page was last updated on June 22, 2018 at 12:08 PM