South Carolina Legislature




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Session 112 - (1997-1998)Printer Friendly
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H*3859 (Rat #0173, Act #0091 of 1997) General Bill, By Robinson, Altman, Campsen, Delleney, Harrison, J.D. McMaster and Riser
    A BILL TO AMEND SECTION 12-2-25, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO DEFINITIONS APPLYING TO LIMITED LIABILITY COMPANIES, SO AS TO EXCLUDE SINGLE-MEMBER LIABILITY COMPANIES AND GRANTOR TRUSTS FROM ALL STATE TAX LIABILITY IN CERTAIN CIRCUMSTANCES; TO AMEND SECTION 33-44-201, RELATING TO LIMITED LIABILITY COMPANIES AS LEGAL ENTITIES, SO AS TO EXCEPT CERTAIN SINGLE-MEMBER LIMITED LIABILITY COMPANIES; TO AMEND SECTION 33-44-1001, RELATING TO CHOICE OF LAW ISSUES FOR LIMITED LIABILITY COMPANIES, SO AS TO EXCEPT CERTAIN SINGLE-MEMBER LIMITED LIABILITY COMPANIES.
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04/09/97House Introduced and read first time HJ-26
04/09/97House Referred to Committee on Ways and Means HJ-26
04/24/97House Committee report: Favorable Ways and Means HJ-5
04/29/97House Read second time HJ-80
04/30/97House Read third time and sent to Senate HJ-26
05/01/97Senate Introduced and read first time SJ-14
05/01/97Senate Referred to Committee on Finance SJ-14
05/21/97Senate Committee report: Favorable Finance SJ-29
05/22/97Senate Read second time SJ-33
05/22/97Senate Ordered to third reading with notice of amendments SJ-33
05/27/97Senate Read third time and enrolled SJ-18
06/04/97 Ratified R 173
06/10/97 Signed By Governor
06/10/97 Effective date 06/10/97
06/18/97 Copies available
06/18/97 Act No. 91



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