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COMMITTEE AMENDMENT AMENDED AND ADOPTED
April 21, 2010
S. 1129
S. Printed 4/21/10--S.
Read the first time February 2, 2010.
TO AMEND CHAPTER 150, TITLE 59 OF THE 1976 CODE, RELATING TO EDUCATION LOTTERY TICKET SALES, BY ADDING SECTION 59-150-155 TO PROVIDE THAT A PERSON WHO CURRENTLY HOLDS A RETAIL LOTTERY TICKET SALES LICENSE MAY BE GRANTED A TEMPORARY LICENSE FOR RETAIL LOTTERY TICKET SALES IF HE ACQUIRES ANOTHER RETAIL BUSINESS WHICH SELLS LOTTERY TICKETS, TO PROVIDE THE LENGTH OF TIME A TEMPORARY LICENSE IS VALID, AND TO PROVIDE THE FEE FOR A TEMPORARY LICENSE.
Amend Title To Conform
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 59-150-155 of the 1976 Code is amended by adding:
"(D) A person who purchases or acquires by lease, divorce decree, or eviction a retail business which sells lottery tickets, upon initiating the application for licensure and contract pursuant to this subsection, may be issued a temporary lottery ticket sales license by the commission at the time of the purchase if the applicant currently holds a valid retail lottery ticket sales license and contract for another retail location and meets the requirements of subsection (B)(1). A temporary license is valid until a license is approved or denied by the commission as provided in subsections (A) through (C), but in no case is the temporary license valid for more than sixty days from the date of issuance. Notwithstanding the provisions of this subsection, the commission may revoke a temporary license if the applicant fails to pursue a license and contract pursuant to subsections (A) through (C) in a timely manner, as set forth by the commission by regulation. The commission shall collect a fee of twenty-five dollars for each temporary license sought."
SECTION 2. This act takes effect upon approval by the Governor.
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