SC H4829 | 2013-2014 | 120th General Assembly

Status

Spectrum: Partisan Bill (Republican 4-0)
Status: Introduced on March 4 2014 - 25% progression, died in committee
Action: 2014-03-04 - Referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Recognize That The State Ports Authority Has Ceased Operations At Port Royal, To Direct The State Ports Authority To Sell The Port Royal Property As Soon As Practicable On Or Before June 30, 2015, To Provide That If The Property Is Not Sold By June 30, 2015, The Authority Must Transfer The Property To The General Services Division To Be Sold At Auction, To Provide That The Sales Price At Auction Is Deemed The Fair Market Value Of The Property Thus Satisfying All Fiduciary Duties, To Provide That All Sales Must Be Made According To State Procedures, And To Provide That A Sale Of The Property Pursuant To This Act Satisfies The State Ports Authority Board's Fiduciary Duties To The Authority And To The Authority's Bond Holders.

Tracking Information

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Title

Port Royal

Sponsors


History

DateChamberAction
2014-03-04HouseReferred to Committee on Ways and Means
2014-03-04HouseIntroduced and read first time

Same As/Similar To

S1089 (Similar To) 2014-06-16 - Act No. 230

Code Citations

ChapterArticleSectionCitation TypeStatute Text
543700(n/a)See Bill Text

South Carolina State Sources


Bill Comments

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