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H. 3143
STATUS INFORMATION
General Bill
Sponsors: Reps. Witherspoon, Davenport, Loftis and Kirsh
Document Path: l:\council\bills\ggs\22687htc03.doc
Introduced in the House on January 14, 2003
Currently residing in the House Committee on Ways and Means
Summary: Conservation Bank Act, postpone deed recording fee funding start date
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number ------------------------------------------------------------------------------- 12/4/2002 House Prefiled 12/4/2002 House Referred to Committee on Ways and Means 1/14/2003 House Introduced and read first time HJ-61 1/14/2003 House Referred to Committee on Ways and Means HJ-61
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VERSIONS OF THIS BILL
TO AMEND ACT 200 OF 2002, RELATING TO THE ENACTMENT AND FUNDING PROVISIONS OF THE SOUTH CAROLINA CONSERVATION BANK ACT, SO AS TO POSTPONE FROM JULY 1, 2003, UNTIL JULY 1, 2005, THE CREDITING OF TWENTY-FIVE CENTS OF THE ONE DOLLAR THIRTY-CENTS STATE DEED RECORDING FEE TO THE SOUTH CAROLINA CONSERVATION BANK TRUST FUND AND TO DELETE AN EFFECTIVE DATE PROVISION MADE OBSOLETE BY THIS AMENDMENT.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. A. Section 3 of Act 200 of 2002 is amended to read:
"Section 3. Notwithstanding the provisions of Section 12-24-90(B)(3) of the 1976 Code, effective July 1, 2003 2005, twenty-five cents of the one dollar thirty-cents state deed recording fee must be credited to the South Carolina Conservation Bank Trust Fund."
B. Act 200 of 2002 is amended by deleting Section 4 which reads:
"SECTION 4. Notwithstanding the effective date provided in Section 3 of this act on which begins the transfer of a portion of the state deed recording fee to the South Carolina Conservation Bank Trust Fund, such transfers do not begin until July 1, 2004."
SECTION 2. This act takes effect upon approval by the Governor.
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