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H. 5243

STATUS INFORMATION

General Bill
Sponsors: Rep. Harrell
Document Path: l:\council\bills\pt\2051mm04.doc

Introduced in the House on May 12, 2004
Introduced in the Senate on May 18, 2004
Last Amended on June 2, 2004
Currently residing in the Senate

Summary: MUSC, Hospital Authority, issuance of hospital revenue bonds

HISTORY OF LEGISLATIVE ACTIONS

     Date      Body   Action Description with journal page number
-------------------------------------------------------------------------------
   5/12/2004  House   Introduced, read first time, placed on calendar without 
                        reference HJ-35
   5/13/2004  House   Read second time HJ-19
   5/13/2004  House   Unanimous consent for third reading on next legislative 
                        day HJ-19
   5/14/2004  House   Read third time and sent to Senate HJ-3
   5/18/2004  Senate  Introduced and read first time SJ-12
   5/18/2004  Senate  Referred to Committee on Finance SJ-12
   5/19/2004  Senate  Committee report: Favorable Finance SJ-45
   5/20/2004  Senate  Read second time SJ-25
   5/20/2004  Senate  Ordered to third reading with notice of amendments SJ-25
    6/2/2004  Senate  Amended SJ-142
    6/3/2004          Scrivener's error corrected

View the latest legislative information at the LPITS web site

VERSIONS OF THIS BILL

5/12/2004
5/12/2004-A
5/19/2004
6/2/2004
6/3/2004

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AMENDED

June 2, 2004

H. 5243

S. Printed 6/2/04--S.    [SEC 6/3/04 1:18 PM]

Read the first time May 18, 2004.

TO AMEND SECTION 59-123-60, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO POWERS OF THE MEDICAL UNIVERSITY HOSPITAL AUTHORITY, SO AS TO PROVIDE FOR THE ISSUANCE OF HOSPITAL REVENUE BONDS IN AN AMOUNT UP TO FIVE MILLION DOLLARS ONLY UPON RESOLUTION OF APPROVAL BY THE STATE BUDGET AND CONTROL BOARD, AND NOT PURSUANT TO OTHER APPROVAL PROCEDURES.

Amend Title To Conform

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

SECTION    1.    Section 59-123-60(E)(3)(d) of the 1976 Code is amended to read:

"(d)    for the purpose of effectuating the provisions of issuance of bonds pursuant to subitem (c) above, utilize all provisions of the Hospital Revenue Bond Act. The issuance by the authority of any the bonds, notes, or other obligations or indebtedness, except as provided in this subitem, shall be is subject to the approval thereof by resolution of the State Budget and Control Board. Except for such that approving resolution, the requirements of Section 44-7-1590 of the Hospital Revenue Bond Act shall be are not applicable to obligations issued by the authority; except that a capital lease purchase of equipment with cost in excess of five million dollars requires prior approval by the State Budget and Control Board. The authority, with approval of the State Budget and Control Board, may issue revenue anticipation notes and such the notes shall must have a maturity of not exceeding more than six months from date of issuance and shall may not exceed, in the aggregate, ten percent of the net patient service revenue for the fiscal year of the authority preceding the fiscal year in which such the obligations are issued. A capital lease purchase for a single piece of equipment with cost in excess of five million dollars requires prior approval by the State Budget and Control Board;"

SECTION 2.    Chapter 123, Title 59 of the 1976 Code is amended by adding:

"Section 59-123-65.    (A)    There is created the Medical University of South Carolina Burn Unit Study Committee, which consists of nine members constituted as follows:

(1)    Three members must be appointed by the Governor and must have expertise and experience in fields pertinent to the committee's responsibilities and duties;

(2)    Three members must be appointed by the President Pro Tempore of the South Carolina Senate and must have expertise and experience in fields pertinent to the committee's responsibilities and duties;

(3)    Three members must be appointed by the Speaker of the South Carolina House of Representatives and must have expertise and experience in fields pertinent to the committee's responsibilities and duties.

(4)    The committee shall appoint a president from among its membership.

(B)    The Medical University of South Carolina Burn Unit Study Committee shall conduct a study of all relevant factors, as determined by the committee, necessary to prepare a report on the cost and feasibility of creating, staffing, and maintaining a burn unit at the Medical University of South Carolina to serve the citizens of this State. The committee shall complete its study and have its report prepared, in writing, for presentation to the General Assembly no later than January 1, 2005.

(C)    Service on the committee shall terminate upon presentation of the written report to the General Assembly."

SECTION    3.    This act takes effect upon approval by the Governor.

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