The Ways and Means Committee proposes the following Amendment No. 1 to H. 4082 (COUNCIL\BBM\10633HTC12):

Reference is to the bill as introduced.

Amend the bill, as and if amended, by striking Section 38-7-20(B), as contained in SECTION 1, beginning on page 1, and inserting:

     / (B)      Effective July 1, 2012, through June 30, 2017, two and one-quarter percent of the revenue of the premium taxes collected pursuant to this section must be transferred to the South Carolina Forestry Commission and used by that agency for firefighting and firefighting equipment replacement. The remaining insurance premium taxes collected by the director or his designee pursuant to this section must be deposited by him in to the credit of the general fund of the State. /

Amend further, as and if amended, page 2, by striking SECTION 2 and inserting:

/ SECTION      2.      This act takes effect July 1, 2012. /

Renumber sections to conform.
Amend title to conform.