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Indicates Matter Stricken
Indicates New Matter
Indicates Matter Stricken
Indicates New Matter
CONFERENCE COMMITTEE REPORT ADOPTED -- NOT PRINTED
June 15, 2022
S. 560
S. Printed 5/10/22--H.
Read the first time March 2, 2022.
TO ESTABLISH THE HEIRS' PROPERTY STUDY COMMITTEE TO EXAMINE CURRENT AND PROSPECTIVE METHODS TO ADDRESS HEIR'S PROPERTY ISSUES IN SOUTH CAROLINA, TO PROVIDE FOR THE MEMBERSHIP OF THE COMMITTEE, TO REQUIRE THE COMMITTEE TO PREPARE A REPORT FOR THE GENERAL ASSEMBLY, AND TO DISSOLVE THE STUDY COMMITTEE.
SECTION 1. (A) There is created the Heirs' Property Study Committee to examine current and prospective methods to address heirs' property issues in South Carolina. The study committee shall:
(1) determine the amount of land in South Carolina that is subject to the heirs' property system;
(2) study the impacts of federal and state legislation on the partition of the land subject to heirs' property; and
(3) analyze approaches and methods undertaken by other states to address heirs' property and study if those methods could be applied to South Carolina; and
(4) determine the costs heirs' property presents to the economic well-being of South Carolina and estimate the benefits of proactive measures taken to address heirs' property.
(B) The study committee must be comprised of three members of the Senate appointed by the President of the Senate and three members of the House of Representatives appointed by the Speaker of the House. Staff from the Senate and House of Representatives shall assist the study committee.
(C) The members of the study committee shall seek assistance from governmental agencies and members of the private sector including, but not limited to, the South Carolina State Housing Finance and Development Authority, the Homebuilders Association of South Carolina, the Landowners Association of South Carolina, the South Carolina Association of Habitat for Humanity, the Affordable Housing Coalition of South Carolina, the Realtors Association of South Carolina, the Center for Heirs' Property Preservation, the Municipal Association of South Carolina, and the South Carolina Association of Counties.
(D) The study committee shall provide a report to the General Assembly by December 31, 2022, at which time the study committee shall dissolve.
SECTION 2. This joint resolution takes effect upon approval by the Governor.
/s/Sen. Billy Garrett /s/Rep. Brandon Michael Newton
/s/Sen. Michael Johnson /s/Rep. Wallace H. "Jay" Jordan Jr.
/s/Sen. John L. Scott Jr. /s/Rep. Beth E. Bernstein
On Part of the Senate. On Part of the House.
This web page was last updated on June 15, 2022 at 5:18 PM