South Carolina House Bill 3607 (Prior Session Legislation)

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Sponsorship: Partisan Bill (Republican 3)
Status: Introduced on January 12 2021 - 25% progression, died in committee
Action: 2021-01-27 - Recommitted to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Comm Sub) [HTML]

Amend Section 11-41-20, Code Of Laws Of South Carolina, 1976, Relating To The State General Obligation Economic Development Bond Act, So As To Allow For The Issuance Of Bonds To Defray The Cost Of Infrastructure For Certain Economic Development Projects; To Amend Section 11-41-30, Relating To Definitions For Such Bonds, So As To Include Government-owned Projects And Undertakings That Support Or Promote A Foundation For Economic Growth And Industrial Development, And To Expand The Definition Of "infrastructure"; To Amend Sections 11-41-50 And 11-41-60, Relating To Such Bonds, So As To Make A Conforming Change; To Amend Section 11-41-70, Relating To Bond Notification Requirements, So As To Specify Requirements For The Issuance Of Bonds For Such Government-owned Projects; To Amend Section 11-41-80, Relating To The Resolution Effecting The Issuance Of Such Bonds, So As To Specify That The State Fiscal Accountability Authority Shall Adopt The Resolution, And To Amend Section 11-41-90, Relating To The Authorizing Resolution, So As To Make A Conforming Change.

State General Obligation Economic Development Bond Act

Rep. James Lucas [R]

Rep. Murrell Smith [R]

Rep. Sandy McGarry [R]

Date	Chamber	Action
2021-01-27	House	Recommitted to Committee on Ways and Means
2021-01-26	House	Committee report: Favorable Ways and Means
2021-01-26	House	Member(s) request name added as sponsor: McGarry
2021-01-12	House	Referred to Committee on Ways and Means
2021-01-12	House	Introduced and read first time

S0443 (Similar To) 2021-01-12 - Referred to Committee on Finance

Chapter	Article	Section	Citation Type	Statute Text
11	41	20	(n/a)	See Bill Text
11	41	30	(n/a)	See Bill Text
11	41	50	(n/a)	See Bill Text
11	41	60	(n/a)	See Bill Text
11	41	70	(n/a)	See Bill Text
11	41	80	(n/a)	See Bill Text
11	41	90	(n/a)	See Bill Text

Type	Source
Summary	https://www.scstatehouse.gov/billsearch.php?billnumbers=3607&session=124&summary=B
Text	https://www.scstatehouse.gov/sess124_2021-2022/prever/3607_20210112.htm
Text	https://www.scstatehouse.gov/sess124_2021-2022/prever/3607_20210126.htm
Supplement	https://www.scstatehouse.gov/sess124_2021-2022/fiscalimpactstatements/H3607%202021-01-12%20introduced.pdf