South Carolina General Assembly
115th Session, 2003-2004

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Indicates New Matter

S. 1009

STATUS INFORMATION

General Bill
Sponsors: Senator Ryberg
Document Path: l:\council\bills\swb\5864cm04.doc
Companion/Similar bill(s): 4798

Introduced in the Senate on February 25, 2004
Currently residing in the Senate Committee on Transportation

Summary: Provisions authorizing Motor Vehicles department to accept electronically filed lien information

HISTORY OF LEGISLATIVE ACTIONS

     Date      Body   Action Description with journal page number
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   2/25/2004  Senate  Introduced and read first time SJ-7
   2/25/2004  Senate  Referred to Committee on Transportation SJ-7

View the latest legislative information at the LPITS web site

VERSIONS OF THIS BILL

2/25/2004

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

A BILL

TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 56-19-265 SO AS TO PROVIDE THAT THE DEPARTMENT OF MOTOR VEHICLES MAY ACCEPT ELECTRONICALLY FILED LIEN INFORMATION FOR NEWLY ACQUIRED VEHICLES, VEHICLES ALREADY TITLED, AND LIEN RELEASES; TO PROVIDE A FEE FOR COMMERCIAL PARTIES WHO TRANSMIT OR RETRIEVE DATA FROM THE DEPARTMENT, AND TO PROVIDE FOR THE COLLECTION AND DISBURSEMENT OF THIS FEE.

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

SECTION    1.    Article 3, Chapter 19, Title 56 of the 1976 Code is amended by adding:

"Section 56-19-265.    Notwithstanding any other provisions of this chapter, the Department of Motor Vehicles may accept electronically filed lien information for newly acquired vehicles, vehicles already titled, and lien releases. The department is authorized to collect a transaction fee from commercial parties who either transmit or retrieve data from the department. The fee must not exceed five dollars for each transaction and must be mutually agreed to by all parties. These fees must be placed by the Comptroller General into a special restricted account to be used by the department to defray the expenses of this program."

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

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