Journal of the House of Representatives
of the Second Session of the 111th General Assembly
of the State of South Carolina
being the Regular Session Beginning Tuesday, January 9, 1996

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| Printed Page 5072, June 26 | Printed Page 5092, June 27 |

Printed Page 5080 . . . . . Thursday, June 27, 1996

Palms. He was also a Mason, a lifemember of Etiwan Lodge No. 95, Mount Pleasant A.F.M.; and

Whereas, in addition to his beloved wife of fifty years, Betty Nelson Dangerfield and their six children, Mr. Dangerfield is survived by one brother, William Henry Dangerfield, and one sister, Dessie D. Sabiston, both of Oakley, as well as ten grandchildren. Now, therefore,

Be it resolved by the House of Representatives, the Senate concurring:

That, by this resolution, the members and employees of the General Assembly extend their deepest sympathy to the many friends and family of The Honorable Clyde Moultrie Dangerfield of the Isle of Palms, South Carolina, upon the occasion of his death on June 19, 1996, as he was being transported to the East Cooper Hospital via the Clyde M. Dangerfield Bridge.

Be it further resolved that a copy of this resolution be forwarded to Mrs. Clyde M. Dangerfield, Sr., of Isle of Palms, South Carolina.

The Concurrent Resolution was agreed to and ordered sent to the Senate.

CONCURRENT RESOLUTION

The Senate sent to the House the following:

S. 1451 -- Senators Ryberg, Richter, McConnell, Passailaigue, Alexander, Boan, Bryan, Cork, Courson, Courtney, Drummond, Elliott, Fair, Ford, Giese, Glover, Gregory, Hayes, Holland, Hutto, Jackson, Land, Lander, Leatherman, Leventis, Martin, Matthews, McGill, Mescher, Moore, O'Dell, Patterson, Peeler, Rankin, Reese, Rose, Russell, Saleeby, Setzler, Short, Greg Smith, J. Verne Smith, Thomas, Waldrep, Washington and Wilson: A CONCURRENT RESOLUTION TO EXTEND THE DEEPEST SYMPATHY OF THE MEMBERS AND EMPLOYEES OF THE GENERAL ASSEMBLY TO THE FAMILY AND MANY FRIENDS OF THE HONORABLE CLYDE MOULTRIE DANGERFIELD OF THE ISLE OF PALMS, SOUTH CAROLINA, WHO DIED WEDNESDAY, JUNE 19, 1996, AS HE WAS BEING TRANSPORTED TO EAST COOPER HOSPITAL VIA THE CLYDE M. DANGERFIELD BRIDGE.

Whereas, Clyde Moultrie Dangerfield was born in Oakley, in Berkeley County, South Carolina, on February 24, 1915, a son of the late Obie J. and Abbie Locklair Dangerfield, Sr., who were one of the state's last rice farmers; and


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Whereas, a graduate of Berkeley High School, Moncks Corner, he attended Clemson College, answering the call of the United States Army for three years during World War II after which time he was discharged honorably with the rank of staff sergeant on November 22, 1945, when he settled in Charleston; and

Whereas, he met his beloved Betty Pauline Nelson, and proceeded to found Suburban Gas and Appliance Company, which he owned for forty years; and

Whereas, he and Betty Nelson were married on November 17, 1946; and

Whereas, they moved to the then new Isle of Palms in April 1948, where they raised their six children: Clyde M. Dangerfield, Jr., of Mount Pleasant; Dolly D. Cannon, of Isle of Palms; Timothy Nelson Dangerfield of Aiken; Shirley Ann Dangerfield of Mount Pleasant; Susan Marie Waite of McClellanville; and David Allan Dangerfield of Mount Pleasant; and

Whereas, among Mr. Dangerfield's chief concerns was that there was no church established yet on the Island, and his first order of business was to begin the process of acquiring a Methodist Church and pastor. Isle of Palms United Methodist Church held a special place in his heart over the years as he watched it grow, be demolished by Hurricane Hugo, and rise from the ashes once more; and

Whereas, Clyde Dangerfield, so active in so many civic causes, was first elected to the South Carolina House of Representatives in a special countywide election for Charleston County on September 15, 1953, and was reelected for eighteen consecutive terms, attaining number one in seniority, retiring in 1988. He served under nine Governors: Byrnes, Timmerman, Hollings, Russell, McNair, West, Edwards, Riley, and Campbell, and in 1991 he received an Honorary Doctor of Humane Letters Degree from the College of Charleston; and

Whereas, Mr. Dangerfield, even though quite active in legislative matters--Chairman of the House Labor, Commerce and Industry Committee, past chairman of the Charleston County Legislative Delegation, chairman of the Delegation Roads Committee for twenty-two years, and chairman of the Charleston Area Transportation Study Policy Committee (CHATS) from its inception until his retirement-- was instrumental in obtaining funds for the construction of the Mark Clark Expressway (I-526) and the Isle of Palms Connector, named in his honor. It was largely through his efforts that many Charleston area wooden structured bridges have been replaced; and

Whereas, Representative Dangerfield was a charter member and volunteer captain (retired) of the Isle of Palms Volunteer Fire Department;


Printed Page 5082 . . . . . Thursday, June 27, 1996

charter and lifemember and past president of the Isle of Palms Exchange Club, organized in 1948, and he was the first to receive the club's Book of Golden Deeds Award; a member of American Legion Palmetto Post 112; founder and charter member of the First United Methodist Church, Isle of Palms; he had served as chairman of Boy Scout Troop 34, Isle of Palms. He was also a Mason, a lifemember of Etiwan Lodge No. 95, Mount Pleasant A.F.M.; and

Whereas, in addition to his beloved wife of fifty years, Betty Nelson Dangerfield and their six children, Mr. Dangerfield is survived by one brother, William Henry Dangerfield, and one sister, Dessie D. Sabiston, both of Oakley, as well as ten grandchildren. Now, therefore,

Be it resolved by the Senate, the House of Representatives concurring:

That, by this resolution, the members and employees of the General Assembly extend their deepest sympathy to the many friends and family of The Honorable Clyde Moultrie Dangerfield of the Isle of Palms, South Carolina, upon the occasion of his death on June 19, 1996, as he was being transported to the East Cooper Hospital via the Clyde M. Dangerfield Bridge.

Be it further resolved that a copy of this resolution be forwarded to Mrs. Clyde M. Dangerfield, Sr., of Isle of Palms, South Carolina.

The Concurrent Resolution was agreed to and ordered returned to the Senate with concurrence.

CONCURRENT RESOLUTION

On motion of Rep. HASKINS, with unanimous consent, the following was taken up for immediate consideration:

H. 5108 -- Reps. Wilkins, Haskins, H. Brown, J. Brown, Cato, Sharpe, D. Smith, Townsend: A CONCURRENT RESOLUTION TO PROVIDE FOR THE MATTERS WHICH MAY BE CONSIDERED BY THE GENERAL ASSEMBLY DURING THE EXTRA SESSION OF THE GENERAL ASSEMBLY BEGINNING THURSDAY, JUNE 27, 1996, AND PROVIDE THAT THIS EXTRA SESSION OF THE GENERAL ASSEMBLY SHALL STAND ADJOURNED SINE DIE ON THURSDAY, JUNE 27, 1996, NO LATER THAN 5:00 P.M. UNLESS EXTENDED BY CONCURRENT RESOLUTION ADOPTED BY A TWO-THIRDS VOTE OF BOTH HOUSES WHICH RESOLUTION MAY PROVIDE ONLY FOR THE CONSIDERATION OF THE SAME MATTERS THE EXTRA SESSION WAS AUTHORIZED TO CONSIDER AS PROVIDED ABOVE.


Printed Page 5083 . . . . . Thursday, June 27, 1996

Be it resolved by the House of Representatives, the Senate concurring:

That during the extra session of the General Assembly beginning at 10:00 a.m., Thursday, June 27, 1996, the only matters that may be taken up by the General Assembly are the following:

(1) consideration of gubernatorial vetoes;

(2) receipt and confirmation of appointments;

(3) consideration of H.4706, including the receipt of and action on any conference or free conference reports;

(4) consideration of H.3515, including the receipt of and action on any conference or free conference reports;

(5) consideration of H.3203, including the receipt of and action on any conference or free conference reports;

(6) ratification of acts;

(7) consideration of local matters which has the unanimous consent of the affected delegation.

Be it further resolved that the extra session of the General Assembly convened at 10:00 a.m. on June 27, 1996, shall stand adjourned sine die no later than 5:00 p.m. on Thursday, June 27, 1996, unless extended by concurrent resolution adopted by a two-thirds vote of both the Senate and House of Representatives, provided that such extension resolution may provide only for the consideration of those matters set forth in items (1) through (7).

The Concurrent Resolution was agreed to and ordered sent to the Senate.

SPEAKER PRO TEMPORE IN CHAIR

H. 5109--ADOPTED

On motion of Rep. WILKINS, with unanimous consent, the following was taken up for immediate consideration:

H. 5109 -- Reps. Wilkins, Haskins, H. Brown, J. Brown, Cato, Sharpe, D. Smith: A HOUSE RESOLUTION TO PROVIDE THAT MEMBERS OF THE HOUSE OF REPRESENTATIVES MAY RECEIVE ONLY MILEAGE AND SUBSISTENCE, BUT NO OTHER COMPENSATION, FOR THE DAYS THEY ARE PRESENT DURING THE EXTRA SESSION OF THE GENERAL ASSEMBLY CONVENED THURSDAY, JUNE 27, 1996.

Be it resolved by the House of Representatives:


Printed Page 5084 . . . . . Thursday, June 27, 1996

That the members of the House of Representatives may receive only mileage and subsistence, but no other compensation, for the days they are present during the extra session of the General Assembly convened at 10:00 a.m., Thursday, June 27, 1996.

Rep. WILKINS explained the House Resolution.

The question then recurred to the adoption of the Resolution.

Rep. WILKINS demanded the yeas and nays, which were taken resulting as follows:

Yeas 84; Nays 2

Those who voted in the affirmative are:

Allison              Anderson             Bailey
Baxley               Beck                 Boan
Breeland             Brown, H.            Brown, J.
Cain                 Carnell              Cato
Chamblee             Clyburn              Cromer
Dantzler             Davenport            Easterday
Felder               Fleming              Gamble
Govan                Hallman              Harrell
Harris, J.           Haskins              Hines, M.
Hodges               Howard               Hutson
Inabinett            Jennings             Keegan
Kennedy              Keyserling           Kinon
Kirsh                Knotts               Koon
Law                  Lee                  Limbaugh
Lloyd                Loftis               Martin
Mason                McAbee               McCraw
McKay                McMahand             Meacham
Neilson              Phillips             Rice
Richardson           Riser                Rogers
Sandifer             Scott                Sharpe
Sheheen              Shissias             Smith, D.
Smith, R.            Spearman             Stoddard
Stuart               Townsend             Tripp
Trotter              Vaughn               Waldrop
Walker               Whatley              Whipper, L.
Whipper, S.          Wilder               Wilkes

Printed Page 5085 . . . . . Thursday, June 27, 1996

Wilkins              Witherspoon          Wofford
Wright               Young                Young-Brickell

Total--84

Those who voted in the negative are:

Cobb-Hunter          Harris, P.           

Total--2

So, the Resolution was adopted.

RECORD FOR VOTING

I missed the vote to waive the legislative pay for the special session. I would have voted to waive the pay.

Rep. J. GARY SIMRILL

RECORD FOR VOTING

I was not in the Chamber during the vote to do away with our "Special Session" Legislative pay. Had I voted, I would most certainly have voted to forego any pay.

Rep. H.B. LIMEHOUSE III

RECORD FOR VOTING

I was temporarily out of the Chamber when this vote was taken. I would have voted no, not to accept pay for the session.

Rep. GRADY A. BROWN

RECORD FOR VOTING

I wish the Journal to reflect that I would have voted in favor of the Resolution to waive the pay.

Rep. THEODORE A. BROWN

SPEAKER IN CHAIR

HOUSE RESOLUTION

On motion of Rep. HASKINS, with unanimous consent, the following was taken up for immediate consideration:

H. 5110 -- Reps. Wilkins, Haskins, H. Brown, J. Brown, Cato, Sharpe, D. Smith and Townsend: A HOUSE RESOLUTION TO PROVIDE FOR


Printed Page 5086 . . . . . Thursday, June 27, 1996

THE MATTERS WHICH MAY BE CONSIDERED BY THE HOUSE OF REPRESENTATIVES DURING THE EXTRA SESSION OF THE GENERAL ASSEMBLY BEGINNING THURSDAY, JUNE 27, 1996.

Be it resolved by the House of Representatives:

That during the extra session of the General Assembly beginning at 10:00 a.m., Thursday, June 27, 1996, the only matters that may be taken up by the House of Representatives are the following:

(1) consideration of gubernatorial vetoes;

(2) receipt and confirmation of appointments;

(3) consideration of H.4706, including the receipt of and action on any conference or free conference reports;

(4) consideration of H.3515, including the receipt of and action on any conference or free conference reports;

(5) consideration of H.3203, including the receipt of and action on any conference or free conference reports;

(6) ratification of acts;

(7) consideration of local matters which has the unanimous consent of the affected delegation.

The Resolution was adopted.

ROLL CALL

The roll call of the House of Representatives was taken resulting as follows.

Allison              Anderson             Bailey
Baxley               Beck                 Boan
Breeland             Brown, H.            Brown, J.
Cain                 Carnell              Cato
Cave                 Chamblee             Clyburn
Cobb-Hunter          Cooper               Cromer
Dantzler             Davenport            Delleney
Easterday            Felder               Fleming
Gamble               Govan                Hallman
Harrell              Harris, J.           Harris, P.
Haskins              Hines, M.            Hodges
Howard               Hutson               Inabinett
Jennings             Keegan               Kelley
Kennedy              Keyserling           Kinon
Kirsh                Knotts               Koon
Law                  Lee                  Limbaugh
Limehouse            Lloyd                Loftis

Printed Page 5087 . . . . . Thursday, June 27, 1996

Marchbanks           Martin               Mason
McAbee               McCraw               McKay
McMahand             McTeer               Meacham
Neilson              Phillips             Rhoad
Rice                 Riser                Rogers
Sandifer             Scott                Sharpe
Sheheen              Shissias             Simrill
Smith, D.            Smith, R.            Spearman
Stoddard             Stuart               Townsend
Tripp                Trotter              Vaughn
Waldrop              Walker               Wells
Whatley              Whipper, L.          Whipper, S.
White                Wilder               Wilkes
Wilkins              Williams             Witherspoon
Wofford              Wright               Young
Young-Brickell
STATEMENT OF ATTENDANCE
I came in after the roll call and was present for the Session on Thursday, June 27. Alfred B. Robinson, Jr. Grady A. Brown Richard M. Quinn, Jr. James S. Klauber Lanny F. Littlejohn Joseph H. Neal Theodore A. Brown William F. Cotty Michael F. Jaskwhich Joseph T. McElveen, Jr. Alma W. Byrd C. Alex Harvin III Lynn Seithel

Total Present--110

LEAVES OF ABSENCE

The SPEAKER granted Rep. TUCKER a leave of absence for the day.

The SPEAKER granted Rep. SEITHEL a temporary leave of absence.

The SPEAKER granted Rep. HERDKLOTZ a leave of absence for the day.


Printed Page 5088 . . . . . Thursday, June 27, 1996

STATEMENTS OF ATTENDANCE

Reps. LOFTIS and McTEER signed a statement with the Clerk that they came in after the roll call of the House and were present for the Session on Wednesday, June 26.

HOUSE STANDS AT EASE

The House stood at ease subject to the call of Chair.

THE HOUSE RESUMES

At 11:58 A.M. the House resumed, the SPEAKER in the Chair.

H. 4706--CONFERENCE REPORT ADOPTED

CONFERENCE REPORT

The General Assembly, Columbia, S.C., June 26, 1996

The COMMITTEE OF CONFERENCE, to whom was referred:

H. 4706 -- Reps. Wilkins, Kennedy, Harrell, Hutson, Neilson, S. Whipper, J. Hines, Harvin, Howard, Askins, White, Fleming, Jennings, Keegan, Anderson, L. Whipper, M. Hines, Cobb-Hunter, Breeland, Neal, Young-Brickell, Easterday, J. Harris, Koon, Meacham, J. Young, Harrison, Clyburn, Herdklotz, Knotts, Inabinett, Wright, Lloyd, Law, Gamble, Delleney, Cave, Govan, H. Brown, Felder, Robinson, Mason, Carnell, D. Smith, Rice, Sharpe, Boan, Fulmer, Chamblee, Stuart, Shissias, Klauber, T. Brown, Spearman, Williams, Kinon, Limbaugh, Scott, Riser, McTeer, McElveen, Hodges and Richardson: A BILL TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, TO ENACT THE "SOUTH CAROLINA RURAL DEVELOPMENT ACT OF 1996" INCLUDING PROVISIONS TO AMEND SECTION 12-10-20, RELATING TO LEGISLATIVE FINDINGS PERTAINING TO THE ENTERPRISE ZONE ACT, SO AS TO PROVIDE ADDITIONAL FINDINGS; TO AMEND SECTION 12-10-30, RELATING TO DEFINITIONS UNDER THE ENTERPRISE ZONE ACT, SO AS TO DELETE THE DEFINITION OF "SERVICES"; TO AMEND SECTION 12-10-40, AS AMENDED, RELATING TO THE DESIGNATION AND CRITERIA OF ENTERPRISE ZONES, SO AS TO DELETE SPECIFIED CRITERIA AND TO PROVIDE THAT THE AMOUNT OF BENEFITS ALLOWED IS DETERMINED BY THE COUNTY DESIGNATION IN WHICH THE BUSINESS IS LOCATED; TO AMEND SECTION 12-10-50, RELATING TO CRITERIA TO QUALIFY FOR BENEFITS, SO AS TO PROVIDE THAT THE


Printed Page 5089 . . . . . Thursday, June 27, 1996

ENTIRE STATE OF SOUTH CAROLINA IS AN ENTERPRISE ZONE; TO AMEND SECTION 12-10-70, RELATING TO BENEFITS OF QUALIFYING BUSINESSES, SO AS TO REVISE THESE BENEFITS AND PROVIDE THAT QUALIFYING BUSINESSES ARE ELIGIBLE TO USE SPECIAL SOURCE REVENUE BONDS; TO AMEND SECTION 12-10-80, RELATING TO JOB DEVELOPMENT FEES, SO AS TO PERMIT A QUALIFYING BUSINESS TO COLLECT JOB DEVELOPMENT FEES FOR NEW JOBS CREATED AND FOR OTHER REASONS, TO FURTHER PROVIDE FOR THE PURPOSES FOR WHICH SUCH FUNDS MAY BE SPENT, TO PROVIDE FOR THE RETAINAGE OF JOB DEVELOPMENT FEES UNDER CERTAIN CONDITIONS, TO CREATE THE RURAL INFRASTRUCTURE FUND AND PROVIDE FOR ITS FUNDING, AND TO PROVIDE THAT ANY STATE-SUPPORTED INSTITUTION OF HIGHER EDUCATION MAY PROVIDE RETRAINING INSTEAD OF ONLY TECHNICAL COLLEGES; TO ADD SECTION 12-10-85 SO AS TO PROVIDE GUIDELINES FOR THE USES OF THE RURAL DEVELOPMENT FUND; TO AMEND SECTION 12-10-90, RELATING TO LEVELS OF CAPITAL INVESTMENT OR EMPLOYMENT IN REVITALIZATION AGREEMENTS, SO AS TO PROVIDE THAT THE COUNCIL ALONE CAN TERMINATE REVITALIZATION AGREEMENTS; TO AMEND SECTION 12-6-3360, AS AMENDED, RELATING TO JOBS TAX CREDITS, SO AS TO REVISE THE REQUIREMENTS AND QUALIFICATIONS FOR JOBS TAX CREDITS; TO AMEND SECTION 12-6-2320, AS AMENDED, RELATING TO ALLOCATION AND APPORTIONMENT OF A TAXPAYER'S INCOME, SO AS TO FURTHER DEFINE THE TERM "TAXPAYER" IN REGARD TO A CONTROLLED GROUP OF CORPORATIONS; TO AMEND SECTION 12-6-3440, AS AMENDED, RELATING TO TAX CREDITS FOR EMPLOYEE CHILD CARE PROGRAMS, SO AS TO REVISE THE MANNER IN WHICH THESE TAX CREDITS ARE DETERMINED AND ALLOCATED; TO AMEND SECTION 12-6-3450, RELATING TO INCOME TAX CREDITS FOR PERSONS TERMINATED FROM EMPLOYMENT AS A RESULT OF THE CLOSING OF FEDERAL MILITARY INSTALLATIONS, SO AS TO PROVIDE AN APPLICABLE FEDERAL FACILITY, RATHER THAN JUST A MILITARY INSTALLATION, MAY RECEIVE THE BENEFITS OF THIS CREDIT; TO AMEND SECTION 12-6-3470, RELATING TO EMPLOYER TAX CREDITS FOR EMPLOYING PERSONS
Printed Page 5090 . . . . . Thursday, June 27, 1996

RECEIVING AID TO FAMILIES WITH DEPENDENT CHILDREN, SO AS TO FURTHER PROVIDE FOR THE COMPUTATION OF AND REQUIREMENTS FOR THIS CREDIT; TO AMEND SECTION 12-14-30, AS AMENDED, RELATING TO DEFINITIONS UNDER THE ECONOMIC IMPACT ZONE COMMUNITY DEVELOPMENT ACT, SO AS TO DELETE LANGUAGE PERTAINING TO MANUFACTURING FACILITIES THAT HAVE CLOSED OR EXPERIENCED LAYOFFS AS BEING ELIGIBLE FOR CERTAIN BENEFITS UNDER THIS ACT; TO AMEND TITLE 12, RELATING TO TAXATION, BY ADDING CHAPTER 12 SO AS TO ESTABLISH THE REQUIREMENTS FOR AND PROCEDURES UNDER WHICH A TAXPAYER WHO HAS A GAIN FROM THE SALE OR OTHER DISPOSITION OF A CAPITAL ASSET MAY DEFER RECOGNITION OF ALL OR A PART OF THE GAIN; TO AMEND SECTION 12-36-70, RELATING TO THE DEFINITION OF A "RETAILER" AND "SELLER" FOR PURPOSES OF THE SALES AND USE TAX, SO AS TO REVISE THE EXEMPTION PERTAINING TO THE FURNISHING OF ACCOMMODATIONS TO TRANSIENTS; TO AMEND SECTION 12-36-920, RELATING TO THE TAX ON ACCOMMODATIONS, SO AS TO EXCLUDE FROM THE ACCOMMODATIONS TAX THE EXEMPTION PROVIDED IN SECTION 12-36-70; TO AMEND SECTION 12-36-120, AS AMENDED, RELATING TO THE DEFINITION OF A "SALE AT WHOLESALE", SO AS TO INCLUDE THE PURCHASE OF PALLETS; TO AMEND SECTION 12-36-2120, AS AMENDED, RELATING TO SALES TAX EXEMPTIONS, SO AS TO INCLUDE PALLETS IN THE SALES TAX EXEMPTION FOR PACKAGING MATERIALS; TO AMEND SECTION 12-37-220, AS AMENDED, RELATING TO PROPERTY TAX EXEMPTIONS, SO AS TO FURTHER PROVIDE FOR THE EXEMPTION FOR AIR CARRIER HUB TERMINAL FACILITIES; TO AMEND SECTION 12-43-300, AS AMENDED, RELATING TO NOTICE OF TAX REASSESSMENTS AND OBJECTIONS THERETO, SO AS TO FURTHER PROVIDE FOR WHEN THE TAXPAYER AND THE ASSESSOR ARE BOUND BY THE ASSESSED VALUE OF THE PROPERTY AND TO MAKE THESE PROVISIONS APPLY TO REASSESSMENTS MADE ON OR AFTER DECEMBER 31, 1991; TO AMEND SECTION 4-12-30, RELATING TO FEES IN LIEU OF TAXES AND EXCEPTIONS FOR QUALIFYING INDUCEMENT LEASE AGREEMENTS, SO AS TO REDEFINE THE TERM "CONTROLLED GROUP", DELETE THE REQUIREMENT THAT
Printed Page 5091 . . . . . Thursday, June 27, 1996

THE BOARD OF ECONOMIC ADVISORS DETERMINE THE BENEFITS OF A FEE PROJECT AND PROVIDE INSTEAD THAT THE COUNTY COUNCIL SHALL DETERMINE SUCH BENEFITS, DELETE THE REQUIREMENT THAT A RESERVE ACCOUNT BE MAINTAINED, REVISE THE TIME PERIODS TO MEET CERTAIN REQUIREMENTS AND PROCEDURES REQUIRED TO BE FOLLOWED, REVISE THE MINIMUM ASSESSMENT RATIOS FOR SPECIFIED QUALIFYING BUSINESSES, ALLOW REPLACEMENT PROPERTY TO QUALIFY FOR THE FEE UNDER CERTAIN CONDITIONS, PERMIT THE AMENDING OF INDUCEMENT AGREEMENTS AT ANY TIME WITH RESTRICTIONS, PROVIDE GUIDELINES FOR THE TRANSFERRING OF FEE PROPERTY, REVISE CERTAIN INTEREST CHARGES, FURTHER PROVIDE FOR THE DISTRIBUTION OF THE FEE AND ALLOW A COUNTY TO USE A PORTION OF THE FEE PAYMENT FOR INFRASTRUCTURE IMPROVEMENTS WITHOUT THE REQUIREMENT OF ISSUING SPECIAL SOURCE REVENUE BONDS, ALLOW FOR THE TRANSFERRING OF AGREEMENTS RELATED TO THE FEE AND REQUIRE COUNTY APPROVAL OF THE TRANSFER, AND PROVIDE FOR OTHER RELATED MATTERS, PERTAINING TO FEES IN LIEU OF TAXES, AND THE TRANSFERABILITY OF INTERESTS IN THE PROPERTY THE SUBJECT OF THE FEE; TO AMEND SECTION 4-12-40, RELATING TO THE APPLICABILITY AND EFFECTIVE DATES OF FEE IN LIEU OF LEASE AGREEMENTS, SO AS TO FURTHER PROVIDE FOR SUCH APPLICABILITY AND EFFECTIVE DATES; TO AMEND SECTION 4-29-67, AS AMENDED, RELATING TO FEES IN LIEU OF TAXES FOR INDUSTRIAL DEVELOPMENT PROJECTS, SO AS TO PROVIDE THAT THE FEE PROVISIONS ARE AVAILABLE FOR INVESTMENTS EXCEEDING FORTY-FIVE MILLION DOLLARS, TO FURTHER PROVIDE FOR THE DEFINITION OF "CONTROLLED GROUP" AS IT RELATES TO THE FEE, ALLOW CERTAIN QUALIFYING BUSINESSES A THIRTY-YEAR MAXIMUM AGREEMENT AND AN EIGHT-YEAR PERIOD TO MEET MINIMUM INVESTMENT REQUIREMENTS, ALLOW CERTAIN QUALIFYING BUSINESSES TO QUALIFY FOR A THREE PERCENT ASSESSMENT RATIO, ALLOW FOR THE AMENDING OF AGREEMENTS AT ANY TIME WITH RESTRICTIONS, ALLOW A COUNTY TO USE A PORTION OF THE FEE PAYMENT FOR INFRASTRUCTURE IMPROVEMENTS
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WITHOUT THE REQUIREMENT FOR ISSUING SPECIAL SOURCE REVENUE BONDS, REVISE CERTAIN INTEREST CHARGES, FURTHER PROVIDE FOR THE TRANSFERRING OF AGREEMENTS AND FEE ASSETS, REQUIRE COUNTY APPROVAL BEFORE TRANSFERS, AND PROVIDE FOR OTHER RELATED MATTERS PERTAINING TO FEES IN LIEU OF TAXES FOR INDUSTRIAL DEVELOPMENT PROJECTS.
Beg leave to report that they have duly and carefully considered the same and recommend:


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