South Carolina House Bill 3839 (Prior Session Legislation)

---

Spectrum: Bipartisan Bill
Status: Engrossed on April 30 2010 - 50% progression, died in chamber
Action: 2010-05-19 - Committee report: Favorable with amendment Finance SJ-31

A BILL TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING ARTICLE 9 TO CHAPTER 21, TITLE 5 SO AS TO ENACT THE "MUNICIPAL FINANCE OVERSIGHT ACT OF 2009" TO CREATE THE MUNICIPAL FINANCE OVERSIGHT COMMISSION AND AN EXECUTIVE COMMITTEE OF THE COMMISSION, PROVIDE FOR THEIR COMPOSITION, POWERS, DUTIES, AND RESPONSIBILITIES, REQUIRE MUNICIPALITIES TO SUBMIT ANNUAL FINANCIAL REPORTS AND ANNUAL AUDITS, PROVIDE FOR SANCTIONS AGAINST MUNICIPALITIES THAT FAIL TO COMPLY WITH THE COMMISSION'S PLAN FOR REFINANCING, ADJUSTING, OR COMPROMISING A DEBT, PROVIDE PENALTIES FOR AN OFFICER OR EMPLOYEE OF A MUNICIPALITY WHO FAILS TO COMPLY WITH THE PROVISIONS OF ARTICLE 9, CHAPTER 21; AND TO AMEND SECTION 6-1-50, AS AMENDED, RELATING TO THE REQUIREMENT OF A FINANCIAL REPORT SUBMITTED BY COUNTIES AND MUNICIPALITIES TO THE STATE BUDGET AND CONTROL BOARD, OFFICE OF RESEARCH AND STATISTICS, ECONOMIC RESEARCH SECTION, SO AS TO DELETE THE REQUIREMENT THAT THE REPORT BE SUBMITTED BY A MUNICIPALITY.

Delete The Requirement That The Report Be Submitted By A Municipality.

Rep. Tracy Edge [R]	Rep. James Harrison [R]	Rep. Joseph Jefferson [D]	Rep. Walton McLeod [D]
Rep. Thad Viers [R]

Date	Chamber	Action
2010-05-19		Committee report: Favorable with amendment Finance SJ-31
2010-05-04		Referred to Committee on Finance
2010-05-04		Introduced and read first time
2010-04-30		Read third time and sent to Senate HJ-3
2010-04-29		Unanimous consent for third reading on next legislative day HJ-98
2010-04-29		Roll call Yeas-59 Nays-29 HJ-94
2010-04-29		Read second time HJ-84
2010-04-29		Amended HJ-84
2010-04-29		Member(s) request name added as sponsor: Jefferson
2010-04-28		Requests for debate-Rep(s). White, Ott, Jefferson, Kennedy, RL Brown, Agnew, Duncan, MA Pitts, Sandifer, Hosey, Brantley, Norman, and King HJ-66
2010-04-28		Debate interrupted HJ-38
2010-04-27		Member(s) request name added as sponsor: McLeod
2010-04-22		Recalled from Committee on Ways and Means HJ-39
2009-04-01		Referred to Committee on Ways and Means HJ-9
2009-04-01		Introduced and read first time HJ-9

Chapter	Article	Section	Citation Type	Statute Text
6	1	50	(n/a)	See Bill Text

Type	Source
Summary	https://www.scstatehouse.gov/cgi-bin/web_bh10.exe?bill1=3839&session=118