SC S1131 | 2009-2010 | 118th General Assembly

Status

Completed Legislative Action
Spectrum: Bipartisan Bill
Status: Passed on May 25 2010 - 100% progression
Action: 2010-05-25 - Act No. 161

Summary

AN ACT TO AMEND SECTION 4-29-67, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO INDUSTRIAL DEVELOPMENT PROJECTS REQUIRING A FEE IN LIEU OF PROPERTY TAXES AGREEMENT, SO AS TO ADD CERTAIN DEFINITIONS, TO FURTHER PROVIDE FOR THE MINIMUM LEVEL OF INVESTMENT FOR A QUALIFIED NUCLEAR PLANT FACILITY, TO PROVIDE FOR THE TIMELINE WHEN THE SPONSOR MUST ENTER INTO AN INITIAL LEASE AGREEMENT WITH THE COUNTY IN REGARD TO A QUALIFIED NUCLEAR PLANT FACILITY, AND THE TIMELINES WHEN THE SPONSOR MUST MEET MINIMUM INVESTMENT REQUIREMENTS IN THE CASE OF A QUALIFIED NUCLEAR PLANT FACILITY AND PLACE THE PROJECT INTO SERVICE; TO AMEND SECTION 12-44-30, AS AMENDED, RELATING TO DEFINITIONS IN REGARD TO THE FEE IN LIEU OF TAX SIMPLIFICATION ACT, SO AS TO REVISE CERTAIN DEFINITIONS AND ADD CERTAIN DEFINITIONS; AND TO AMEND SECTION 12-44-40, AS AMENDED, RELATING TO THE REQUIRED FEE AGREEMENT BETWEEN THE SPONSOR AND THE COUNTY UNDER THE FEE IN LIEU OF TAX SIMPLIFICATION ACT, SO AS TO PROVIDE THE TIME WITHIN WHICH A SPONSOR HAS TO ENTER INTO A FEE AGREEMENT IN REGARD TO A QUALIFIED NUCLEAR PLANT FACILITY. - ratified title

Tracking Information

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Title

Provide The Time Within Which A Sponsor Has To Enter Into A Fee Agreement In Regard To A Qualified Nuclear Plant Facility. - Ratified Title

Sponsors


History

DateChamberAction
2010-05-25 Act No. 161
2010-05-21 Effective date 05/12/10
2010-05-12 Signed By Governor
2010-05-06 Ratified R 188
2010-05-05 Read third time and enrolled HJ-10
2010-05-04 Read second time HJ-36
2010-04-27 Debate adjourned until Tuesday, May 4, 2010 HJ-50
2010-04-23 Debate adjourned until Tuesday, April 27, 2010 HJ-34
2010-04-15 Committee report: Favorable Ways and Means HJ-16
2010-03-02 Referred to Committee on Ways and Means HJ-36
2010-03-02 Introduced and read first time HJ-36
2010-03-02 Read third time and sent to House SJ-27
2010-02-19 Scrivener's error corrected
2010-02-18 Scrivener's error corrected
2010-02-18 Read second time SJ-6
2010-02-17 Committee report: Favorable Finance SJ-15
2010-02-02 Referred to Committee on Finance SJ-6
2010-02-02 Introduced and read first time SJ-6

Same As/Similar To

H4545 (Similar To) 2010-02-16 - Referred to Committee on Ways and Means HJ-5

Code Citations

ChapterArticleSectionCitation TypeStatute Text
124430(n/a)See Bill Text
124440(n/a)See Bill Text
42967(n/a)See Bill Text

South Carolina State Sources


Bill Comments

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