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A329, R412, H3309
STATUS INFORMATION
General Bill
Sponsors: Reps. Owens, Ballentine, Duncan, Leach, Kirsh, Simrill, Gullick, Limehouse, McLeod, Witherspoon, Mahaffey, Alexander, Dantzler, Edge, Hamilton, Hayes, Jennings, Kelly, E.H. Pitts, Rice, R. Brown, Huggins, Anthony, Shoopman, Littlejohn, Harvin, Agnew, Whitmire, Moss, Pinson, Parks, Merrill, M.A. Pitts, Scarborough, Miller, Phillips, Bedingfield and Taylor
Document Path: l:\council\bills\dka\3058dw07.doc
Companion/Similar bill(s): 312
Introduced in the House on January 17, 2007
Introduced in the Senate on April 25, 2007
Last Amended on June 5, 2008
Passed by the General Assembly on June 5, 2008
Governor's Action: June 16, 2008, Signed
Summary: Joint Municipal Electric Power and Energy Act
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number ------------------------------------------------------------------------------- 1/17/2007 House Introduced and read first time HJ-36 1/17/2007 House Referred to Committee on Labor, Commerce and Industry HJ-37 1/18/2007 House Member(s) request name added as sponsor: R.Brown, Huggins, Anthony, Shoopman 1/23/2007 House Member(s) request name added as sponsor: Littlejohn, Harvin 1/24/2007 House Member(s) request name added as sponsor: Agnew, Whitmire 1/25/2007 House Member(s) request name added as sponsor: Moss 1/30/2007 House Member(s) request name added as sponsor: Pinson 1/31/2007 House Member(s) request name added as sponsor: Parks 2/13/2007 House Member(s) request name added as sponsor: Merrill 2/14/2007 House Member(s) request name added as sponsor: M.A.Pitts, Scarborough, Miller 2/14/2007 House Member(s) request name removed as sponsor: Taylor 2/22/2007 House Member(s) request name added as sponsor: Phillips 3/28/2007 House Member(s) request name added as sponsor: Taylor 4/18/2007 House Committee report: Favorable with amendment Labor, Commerce and Industry HJ-3 4/19/2007 House Member(s) request name added as sponsor: Bedingfield 4/20/2007 Scrivener's error corrected 4/24/2007 House Amended HJ-24 4/24/2007 House Read second time HJ-29 4/25/2007 House Read third time and sent to Senate HJ-11 4/25/2007 Scrivener's error corrected 4/25/2007 Senate Introduced and read first time SJ-14 4/25/2007 Senate Referred to Committee on Judiciary SJ-14 4/26/2007 Senate Referred to Subcommittee: Moore (ch), Ford, Rankin, Scott 1/24/2008 Senate Referred to Subcommittee: Rankin (ch), Ford, Scott, Campbell 6/3/2008 Senate Recalled from Committee on Judiciary SJ-8 6/4/2008 Senate Read second time SJ-165 6/5/2008 Senate Amended SJ-114 6/5/2008 Senate Read third time and returned to House with amendments SJ-114 6/5/2008 House Concurred in Senate amendment and enrolled HJ-272 6/10/2008 Ratified R 412 6/16/2008 Signed By Governor 6/24/2008 Copies available 6/24/2008 Effective date See Act for Effective Date 7/11/2008 Act No. 329
View the latest legislative information at the LPITS web site
VERSIONS OF THIS BILL
1/17/2007
4/18/2007
4/20/2007
4/24/2007
4/25/2007
6/3/2008
6/5/2008
(A329, R412, H3309)
AN ACT TO AMEND CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 58-27-415 SO AS TO PROHIBIT THE PAYMENT, IMPOSITION, OR COLLECTION OF A FRANCHISE FEE WITH RESPECT TO ELECTRICAL POWER PROVIDED TO THE STATE BY A UTILITY UNDER THE "STATELINE ACCOUNTS" AND TO REQUIRE A UTILITY TO EXCLUDE SALES REVENUE ACCRUED FROM "STATELINE ACCOUNTS" WHEN CALCULATING A FRANCHISE FEE OWED TO A MUNICIPALITY.
Be it enacted by the General Assembly of the State of South Carolina:
Franchise fee not to be paid or collected under "Stateline Accounts", calculation of franchise fee
SECTION 1. Article 3, Chapter 27, Title 58 of the 1976 Code is amended by adding:
"Section 58-27-415. (A) The State shall not pay, nor shall any person, including a municipality or utility, impose, pay, or collect a franchise fee with respect to electrical power provided to the State by a utility under the 'Stateline Accounts'. The 'Stateline Accounts' referenced in this section are those state electrical power accounts that arose from the 1925 agreement validated, ratified, and approved in Act 440 of 1925 (34 Stats. 852).
(B) The utility shall exclude all gross sales revenue accrued from the Stateline Accounts when calculating any franchise fee owed to a municipality and shall therefore not include those Stateline Account gross sales revenues in the payment of the franchise fee to the municipality. The 'Stateline Accounts' referenced in this section are those state electrical power accounts that arose from the 1925 agreement validated, ratified, and approved in Act 440 of 1925 (34 Stats. 852)."
Time effective
SECTION 2. Section 58-27-415(A) takes effect upon approval by the Governor. Section 58-27-415(B) takes effect January 1, 2009.
Ratified the 10th day of June, 2008.
Approved the 16th day of June, 2008.
This web page was last updated on Monday, October 10, 2011 at 1:33 P.M.