Current Status Bill Number:4906 Type of Legislation:General Bill GB Introducing Body:House Introduced Date:19960410 Primary Sponsor:Harrison All Sponsors:Harrison, Limehouse, Hallman, Sandifer, Cain, Robinson, Cato, Vaughn, Limbaugh and Tripp Drafted Document Number:jic\5813htc.96 Residing Body:House Current Committee:Judiciary Committee 25 HJ Subject:Public Service Authority, contribution provisions
Body Date Action Description Com Leg Involved ______ ________ _______________________________________ _______ ____________ House 19960410 Introduced, read first time, 25 HJ referred to CommitteeView additional legislative information at the LPITS web site.
TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 58-31-85 SO AS TO PROHIBIT THE PUBLIC SERVICE AUTHORITY FROM MAKING CHARITABLE CONTRIBUTIONS OR EXPENDING ANY OF ITS FUNDS ON OTHER CONTRIBUTIONS EXCEPT WHEN DIRECTLY RELATED TO THE PURPOSES WHICH THE AUTHORITY WAS ESTABLISHED TO ACCOMPLISH.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Article 1, Chapter 31, Title 58 of the 1976 Code is amended by adding:
"Section 58-31-85. The Public Service Authority may not expend any of its revenues or other funds under its control from whatever source derived in making charitable contributions or in making any other contributions to institutions, organizations, individuals, or causes except if the contribution is for a public purpose and relates directly to the purposes for which the authority was created as provided in Section 58-31-30."
SECTION 2. This act takes effect upon approval by the Governor.