South Carolina Legislature




Instructions


 
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Session 117 - (2007-2008)Printer Friendly
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S 0905 General Bill, By Campsen, Elliott, Cromer, Ceips and Bryant
Similar (H 4561)
Summary: Beachfront Finance Act
    A BILL TO ENACT THE "BEACHFRONT FINANCE ACT" BY AMENDING CHAPTER 1, TITLE 6 OF THE 1976 CODE, BY ADDING SECTION 6-1-580, RELATING TO THE LOCAL ACCOMMODATIONS TAX, TO PROVIDE THAT A COUNTY OR MUNICIPALITY MAY ISSUE BONDS TO FINANCE THE COST OF CONTROLLING AND REPAIRING WATERFRONT EROSION, BY AMENDING SECTION 6-4-15, RELATING TO THE STATE ACCOMMODATIONS TAX, TO PROVIDE THAT A MUNICIPALITY OR COUNTY MAY ISSUE BONDS TO FINANCE THE COST OF CONTROLLING AND REPAIRING WATERFRONT EROSION, BY AMENDING SECTION 6-4-20(B), RELATING TO THE STATE ACCOMMODATIONS TAX, TO PROVIDE THAT THE STATE TREASURER SHALL NOT WITHHOLD ACCOMMODATION TAX FUNDS FROM A LOCAL GOVERNMENT THAT COLLECTS FOUR HUNDRED THOUSAND DOLLARS OR MORE IF THE LOCAL GOVERNMENT HAS WITHIN ITS BOUNDARIES A BEACH THAT IS RANKED AMONG THE MOST AT-RISK BEACHES IN THE STATE BY THE OFFICE OF OCEAN AND COASTAL RESOURCE MANAGEMENT, TO PROVIDE THAT A LOCAL GOVERNMENT WITH ONE OF THE MOST AT-RISK BEACHES WITHIN ITS BOUNDARIES MAY ISSUE A BEACH RENOURISHMENT BOND OR MAY USE THE FUNDS RETAINED FOR THE PURPOSE OF CONTROLLING OR REPAIRING WATERFRONT EROSION, AND BY AMENDING CHAPTER 40 OF TITLE 48, RELATING TO THE BEACH RESTORATION AND IMPROVEMENT TRUST ACT, BY ADDING SECTION 48-40-70, TO REQUIRE THE OFFICE OF OCEAN AND COASTAL RESOURCE MANAGEMENT TO RANK THE MOST AT-RISK BEACHES IN THE STATE IN ITS ANNUAL STATE OF THE BEACHES REPORT.
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12/12/07Senate Prefiled
12/12/07Senate Referred to Committee on Finance
01/08/08Senate Introduced and read first time SJ-57
01/08/08Senate Referred to Committee on Finance SJ-57
01/08/08 Scrivener's error corrected
01/18/08 Scrivener's error corrected
02/06/08Senate Committee report: Favorable with amendment Finance
02/07/08 Scrivener's error corrected
02/13/08Senate Committee Amendment Adopted SJ-30
02/13/08Senate Amended SJ-30
02/13/08Senate Read second time SJ-30
03/26/08Senate Read third time and sent to House SJ-19
03/27/08House Introduced and read first time HJ-6
03/27/08House Referred to Committee on Ways and Means HJ-7



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