Bill Text: SC H3186 | 2015-2016 | 121st General Assembly | Enrolled

South Carolina House Bill 3186 (Prior Session Legislation)

Bill Title: Ethics and government accountability

Spectrum: Slight Partisan Bill (Republican 25-14)

Status: (Passed) 2016-07-07 - Act No. 283 [H3186 Detail]

Download: South_Carolina-2015-H3186-Enrolled.html

CONFERENCE COMMITTEE REPORT ADOPTED -- NOT PRINTED

June 15, 2016

H. 3186

Introduced by Reps. Finlay, Cole, Anderson, Bales, G.A. Brown, R.L. Brown, Felder, Funderburk, Hart, Knight, Lucas, Murphy, Newton, Norman, Norrell, Pope, Putnam, Rivers, Southard, Spires, Tallon, Taylor, Wells, Williams, Willis, Long, Henderson, G.R. Smith, G.M. Smith, McCoy, Clary, J.E. Smith, W.J. McLeod, Weeks, Whipper, Hicks, Atwater, Ballentine and Stavrinakis

S. Printed 4/27/16--S.

Read the first time February 24, 2015.

A BILL

TO AMEND SECTION 8-13-100, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO DEFINITIONS IN REGARD TO ETHICS AND GOVERNMENT ACCOUNTABILITY, SO AS TO REVISE THE DEFINITION OF "BUSINESS WITH WHICH HE IS ASSOCIATED"; AND TO AMEND SECTION 8-13-1120, AS AMENDED, RELATING TO CONTENTS OF STATEMENTS OF ECONOMIC INTERESTS, SO AS TO REVISE THE FORM AND REQUIRED CONTENTS OF STATEMENTS OF ECONOMIC INTERESTS.

Be it enacted by the General Assembly of the State of South Carolina:

SECTION 1. Section 8-13-1120(A) of the 1976 Code of Laws is amended by adding:

"(10) a listing of the private source and type of any income received in the previous year by the filer or a member of his immediate family. This item does not include income received pursuant to:

(a) a court order;

(b) a savings, checking, or brokerage account with a bank, savings and loan, or other licensed financial institution which offers savings, checking, or brokerage accounts in the ordinary course of its business and on terms and interest rates generally available to a member of the general public without regard to status as a public official, public member, or public employee;

(c) a mutual fund or similar fund in which an investment company invests its shareholders' money in a diversified selection of securities."

SECTION 2. To further amend Section 8-13-1120 of the 1976 Code of Laws by adding:

"(C) For purposes of this section, income means anything of value received, which must be reported on a form used by the Internal Revenue Service for the reporting or disclosure of income received by an individual or a business. Income does not include retirement, annuity, pension, IRA, disability, or deferred compensation payments received by the filer or filer's immediate family member."

SECTION 3. The provisions of this act take effect on January 1, 2017.

/s/Sen. Larry A. Martin /s/Rep. George Murrell Smith, Jr.

/s/Sen. C. Bradley Hutto /s/Rep. Beth E. Bernstein

/s/Sen. George E. Campsen III /s/Rep. Kirkman Finlay III

On Part of the Senate. On Part of the House.