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TO AMEND SECTION 61-6-140(3) OF THE 1976 CODE, RELATING TO THE SUNSET PROVISION ON THE LIMITATION OF THREE RETAIL DEALER LICENSES HELD BY ONE LICENSEE, TO CHANGE THE DATE TO JULY 1, 2019.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 61-6-140(3) of the 1976 Code is amended to read:
"(3) The General Assembly finds that the issuance of multiple retail dealer licenses pursuant to this section should exist only for a time certain to serve and promote the policies set forth in this section. It is the intent of the General Assembly to provide for a sunset provision on the limitation of three retail dealer licenses held by one licensee as enacted by this section. The provisions of this section are therefor repealed on April 5, 2018 July 1, 2019."
SECTION 2. This act takes effect upon approval by the Governor.
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