SC H4545 | 2009-2010 | 118th General Assembly

Status

Spectrum: Partisan Bill (Republican 4-0)
Status: Introduced on February 16 2010 - 25% progression, died in committee
Action: 2010-02-16 - Referred to Committee on Ways and Means HJ-5
Pending: House Ways and Means Committee

Summary

A BILL 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.

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.

Sponsors


History

DateChamberAction
2010-02-16 Referred to Committee on Ways and Means HJ-5
2010-02-16 Introduced and read first time HJ-4

Same As/Similar To

S1131 (Similar To) 2010-05-25 - Act No. 161

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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