S 0862 General Bill, By Shealy and Turner
Summary: Residential property improvements
    A BILL TO AMEND SECTION 40-59-260 OF THE 1976 CODE, RELATING TO THE EXCEPTION FOR PROJECTS BY A PROPERTY OWNER FOR PERSONAL USE, TO PROVIDE THAT AN OWNER OF RESIDENTIAL PROPERTY WHO IMPROVES THE PROPERTY OR WHO BUILDS OR IMPROVES THE STRUCTURES OR APPURTENANCES ON THE PROPERTY AT A COST OF MORE THAN TWO THOUSAND FIVE HUNDRED DOLLARS SHALL NOT WITHIN TWO YEARS AFTER COMPLETION OR ISSUANCE OF A CERTIFICATE OFFER THE STRUCTURE FOR SALE OR RENT, AND CONSTRUCTION OR IMPROVEMENTS TO THE STRUCTURE, GROUP OF STRUCTURES, OR APPURTENANCES THAT COST THE OWNER-BUILDER LESS THAN TWO THOUSAND FIVE HUNDRED DOLLARS ARE NOT EVIDENCE OF "SALE" OR "RENT" FOR THE PURPOSES OF THIS SECTION.
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12/10/13	Senate	Prefiled
12/10/13	Senate	Referred to Committee on Labor, Commerce and Industry
01/14/14	Senate	Introduced and read first time (Senate Journal-page 50)
01/14/14	Senate	Referred to Committee on Labor, Commerce and Industry (Senate Journal-page 50)
02/27/14	Senate	Committee report: Favorable Labor, Commerce and Industry (Senate Journal-page 10)
03/25/14	Senate	Amended (Senate Journal-page 26)
03/25/14	Senate	Read second time (Senate Journal-page 26)
03/25/14	Senate	Roll call Ayes-38 Nays-1 (Senate Journal-page 26)
03/26/14		Scrivener's error corrected
04/09/14	Senate	Amended (Senate Journal-page 38)
04/09/14	Senate	Read third time and sent to House (Senate Journal-page 38)
04/09/14	Senate	Roll call Ayes-41 Nays-0 (Senate Journal-page 38)
04/10/14	House	Introduced and read first time
04/10/14	House	Referred to Committee on Ways and Means