Current Status Introducing Body:House Bill Number:3166 Primary Sponsor:Kirsh Committee Number:26 Type of Legislation:GB Subject:Contractor, affidavit of financial condition Residing Body:House Current Committee:Labor, Commerce and Industry Computer Document Number:EGM/22292.DW Introduced Date:19930119 Last History Body:House Last History Date:19930119 Last History Type:Introduced, read first time, referred to Committee Scope of Legislation:Statewide All Sponsors:Kirsh Type of Legislation:General Bill
Bill Body Date Action Description CMN Leg Involved
____ ______ ____________ ______________________________ ___ ____________
3166 House 19930119 Introduced, read first time, 26
referred to Committee
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TO AMEND SECTION 40-11-160, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE FINANCIAL STATEMENT REQUIRED TO LICENSE A CONTRACTOR, SO AS TO REQUIRE AN AFFIDAVIT OF FINANCIAL CONDITION INSTEAD OF A FINANCIAL STATEMENT.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 40-11-160 of the 1976 Code is amended to read:
"Section 40-11-160. The board shall may not issue a license to any a contractor above the Group 1 level as this is defined by regulation of the board until such the contractor furnished furnishes the board with a financial statement certified by a certified public accountant or a public accountant an affidavit by the contractor of his financial condition."
SECTION 2. This act takes effect upon approval by the Governor.