Download This Version in Microsoft Word format
Indicates Matter Stricken
Indicates New Matter
AMENDED
April 23, 2015
S. 673
S. Printed 4/23/15--S.
Read the first time April 16, 2015.
TO AMEND SECTION 4-9-82 OF THE CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO A TRANSFER OF ASSETS BY A HOSPITAL PUBLIC SERVICE DISTRICT, SO AS TO SPECIFY THAT THE PROVISIONS OF THE SECTION DO NOT APPLY TO ANY TRANSACTION THAT INCLUDES THE HOSPITAL PUBLIC SERVICE DISTRICT'S ENTRY INTO A LEASE OF ANY OR ALL OF ITS REAL PROPERTY ASSOCIATED WITH THE DELIVERY OF HOSPITAL SERVICES REGARDLESS OF THE LENGTH OF THE TERM OF THE REAL PROPERTY LEASE OR WHETHER OR NOT THE TRANSACTION ALSO INCLUDES THE SALE OR LEASE OF OTHER ASSETS OF THE DISTRICT.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 4-9-82 of the 1976 Code is amended by adding an appropriately numbered subsection at the end to read:
"( ) Notwithstanding any other provision of law, the provisions of this section do not apply to any transaction that includes the hospital public service district's entry into a lease of any or all of its real property associated with the delivery of hospital services regardless of:
(a) the length of the term of the real property lease, or
(b) whether or not the transaction also includes the sale or lease of other assets of the district."
This web page was last updated on April 23, 2015 at 2:19 PM