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TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 12-62-110 SO AS TO PROVIDE THAT ANY FUNDS COMMITTED TO FILM PROJECTS MUST BE CARRIED FORWARD FROM THE PREVIOUS YEAR AND USED FOR THE SAME PURPOSE, AND THAT ANY UNCOMMITTED FUNDS MUST BE CARRIED FORWARD AND USED FOR WAGE AND SUPPLIER REBATE FUNDS.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Chapter 62, Title 12 of the 1976 Code is amended by adding:
"Section 12-62-110. (A) Any funds committed to film projects pursuant to this chapter must be carried forward from the previous year and used for the same purpose. Any uncommitted funds must be carried forward from the previous year and must be used for wage and supplier rebate funds pursuant to this chapter and must not be used for any other purpose.
(B) Any rebates awarded by the South Carolina Film Office may be paid without distinction of the source of the funds."
SECTION 2. This act takes effect upon approval by the Governor.
This web page was last updated on February 27, 2019 at 1:47 PM