South Carolina Legislature




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Session 120 - (2013-2014)Printer Friendly
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H 3766 Joint Resolution, By J.E. Smith, Sottile, Harrell and Limehouse
Summary: USS Laffey
    A JOINT RESOLUTION TO DIRECT A TRANSFER TO REPLENISH THE ACCOUNTS THAT WERE USED TO FUND EMERGENCY REPAIRS TO THE USS LAFFEY; TO GRANT THE PATRIOTS POINT DEVELOPMENT AUTHORITY A THREE-YEAR PERIOD, BEGINNING ON MAY 1, 2014, DURING WHICH IT SHALL MAKE INTEREST-ONLY PAYMENTS ON THE AMOUNT USED TO REPLENISH THE ORIGINAL SOURCE ACCOUNTS AT AN INTEREST RATE AND TERMS TO BE DETERMINED BY THE OFFICE OF THE STATE TREASURER; AND BEGINNING MAY 1, 2017, TO REQUIRE THE PATRIOTS POINT DEVELOPMENT AUTHORITY TO COMMENCE ANNUAL PAYMENTS OF $400,000 UNTIL MAY 1, 2028, AT WHICH TIME A FINAL PAYMENT OF $6,068,867.72 SHALL BECOME DUE AND PAYABLE.
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03/06/13House Introduced and read first time (House Journal-page 72)
03/06/13House Referred to Committee on Ways and Means (House Journal-page 72)
03/19/13House Recalled from Committee on Ways and Means (House Journal-page 54)
03/20/13 Scrivener's error corrected
03/20/13House Member(s) request name added as sponsor: Limehouse
03/20/13House Read second time (House Journal-page 103)
03/20/13House Roll call Yeas-109 Nays-0 (House Journal-page 104)
03/21/13House Read third time and sent to Senate (House Journal-page 25)
03/21/13Senate Introduced and read first time (Senate Journal-page 15)
03/21/13Senate Referred to Committee on Finance (Senate Journal-page 15)



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