South Carolina Senate Bill 1029 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 21 2020 - 25% progression, died in committee
Action: 2020-01-21 - Referred to Committee on Finance
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [HTML]

Amend Section 13-17-40, Code Of Laws Of South Carolina, 1976, Relating To Members Of The South Carolina Research Authority Board Of Trustees, So As To Provide That The Board Consists Of Certain University Presidents Or Their Designees, To Provide Certain Requirements For Designees, And To Provide That The Executive Committee Shall Elect Two Additional Members Who Are Not Required To Be Trustees At The Time Of Their Election; To Amend Section 13-17-70, Relating To The Powers Of The Board Of Trustees, So As To Provide That The Board May Invest In Certain Obligations Of Private Entities; And To Amend Section 13-17-87, Relating To The Establishment Of Research Innovation Centers, So As To Provide That The South Carolina Research Authority May Allow A Company To Remain In An Innovation Center For Up To Five Years Or Until Exceeding Five Million Dollars But Does Not Apply With Respect To Thirty-five Percent Of The Square Feet In An Innovation Center.

SC Research Authority Board of Trustees

Sen. Nikki Setzler [D]

Date	Chamber	Action
2020-01-21	Senate	Referred to Committee on Finance
2020-01-21	Senate	Introduced and read first time

H4996 (Similar To) 2020-02-05 - Committed to Committee on Ways and Means

Chapter	Article	Section	Citation Type	Statute Text
13	17	40	(n/a)	See Bill Text
13	17	70	(n/a)	See Bill Text
13	17	87	(n/a)	See Bill Text

Type	Source
Summary	https://www.scstatehouse.gov/billsearch.php?billnumbers=1029&session=123&summary=B
Text	https://www.scstatehouse.gov/sess123_2019-2020/prever/1029_20200121.htm