Current Status Introducing Body:Senate Bill Number:1343 Primary Sponsor:Leatherman Committee Number:30 Type of Legislation:GB Subject:Capital improvement bond authorizations reduced Residing Body:House Current Committee:Ways and Means Companion Bill Number:4480 Computer Document Number:436/12153.DW Introduced Date:Feb 27, 1992 Last History Body:House Last History Date:Mar 05, 1992 Last History Type:Introduced, read first time, referred to Committee Scope of Legislation:Statewide All Sponsors:Leatherman Moore J. Verne Smith Leventis Drummond Type of Legislation:General Bill
Bill Body Date Action Description CMN
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1343 House Mar 05, 1992 Introduced, read first time, 30
referred to Committee
1343 Senate Mar 04, 1992 Read third time, sent to House
1343 Senate Mar 03, 1992 Read second time
1343 Senate Feb 27, 1992 Introduced, read first time,
placed on Calendar without
reference
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Indicates Matter Stricken
Indicates New Matter
INTRODUCED
February 27, 1992
S. 1343
Introduced by SENATORS Leatherman, Moore, J. Verne Smith, Leventis and Drummond
S. Printed 2/27/92--S.
Read the first time February 27, 1992.
TO AMEND ACT 1377 OF 1968, AS AMENDED, RELATING TO THE ISSUANCE OF CAPITAL IMPROVEMENT BONDS, SO AS TO REALLOCATE AND REDUCE EXISTING BOND AUTHORIZATIONS, TO AUTHORIZE THE STATE TREASURER TO TRANSFER AN AMOUNT NECESSARY FROM THE FUNDS OF THE VARIOUS STATE RETIREMENT SYSTEMS FOR USE TO PURCHASE OR BUILD SUITABLE OFFICE SPACE FOR THE RETIREMENT DIVISION OF THE STATE BUDGET AND CONTROL BOARD, AND TO PROVIDE THAT THE PURCHASE MUST CONFORM TO APPLICABLE LAWS, REGULATIONS, AND POLICIES GOVERNING ACQUISITION.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Subitem 13 of Section 3 of Act 1377 of 1968, as added by Section 1 of Act 518 of 1980, is amended to read:
"13. Educational Television
Commission:
1. Greenville-Replacement
of Transmitter
Equipment and
Transmitter Building
on Paris Mountain. . . . . . .$1,171,900
2. Equipment-Conway
Station. . . . . . . . . . . 485,000
32. Equipment-Spartanburg
Station. . . . . . . . . . . . . 485,000
4. Equipment-Greenwood
Station. . . . . . . . . . . 485,000
3. Equipment-Columbia
Facility . . . . . . . . . . 970,000
Total, Education
Television Commission. $5,626,900
2,626,900".
SECTION 2. Subitem 5 of item 12 of Section 3 of Act 1377 of 1968, as added by Section 1 of Act 538 of 1986, is amended to read:
"5. Sumter Area Technical
College
(a) Building 400 Roof
replacement. . . . . . 100,000
(b) Building 100 Class
renovations. . . . . . 170,000
(c) Building 200
Renovations. . . . . . .30,000
(d) Building 300
Renovation damage. .10,000
(b) Building 400 Renovations210,000".
SECTION 3. Sub-subitem (j), subitem 24(A) (Department of Youth Services), item (f), Section 3 of Act 1377 of 1968, as last amended by Section 6 of an act of 1991 bearing ratification number 256, is further amended to read:
"(j) Facility Roofing309,284
269,284".
SECTION 4. (A)(1) The offices of the Retirement Division of the State Budget and Control Board have relocated three times in the downtown area of Columbia during the past fifteen years, bringing about administrative hardship and creating confusion on the part of the two hundred thousand members and retirees of the various state retirement systems.
(2) The Retirement Division is currently unable to provide adequate parking for its thousand of visitors.
(3) Many state retirement systems, after careful study, have determined it to be prudent to own administrative space acquired through the use of system funds.
(4) Leasing proposals indicate ownership is a wise option for our system to pursue.
(B) The General Assembly finds that the Retirement Division of the State Budget and Control Board needs adequate and suitable office space to fulfill its ordinary and necessary functions and that ownership of adequate and suitable office space will lend stability to the division's relationship with the members and retirees of the various state retirement systems, provide adequate parking for visitors, and, when compared to leasing, preserve the funds of the various systems.
(C) The State Treasurer may transfer an amount necessary from the funds of the various state retirement systems for use in purchasing or building adequate and suitable offices primarily for the use of the Retirement Division of the State Budget and Control Board. The purchase or construction must conform to applicable laws, regulations, and policies governing acquisitions.
SECTION 5. This act takes effect upon approval by the Governor.