Current Status Bill Number:3673 Type of Legislation:General Bill GB Introducing Body:House Introduced Date:19970318 Primary Sponsor:Kirsh All Sponsors:Kirsh, Meacham, Simrill and Moody-Lawrence Drafted Document Number:dka\4212mm.97 Residing Body:House Current Committee:Ways and Means Committee 30 HWM Subject:Checks, fraudulent; state agencies may collect and retain fines to cover cost of dishonored check; Banks and Savings
Body Date Action Description Com Leg Involved
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House 19970318 Introduced, read first time, 30 HWM
referred to Committee
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TO AMEND CHAPTER 11 OF TITLE 34, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO BANK DEPOSITS, BY ADDING SECTION 34-11-140 SO AS TO AUTHORIZE STATE AGENCIES TO ESTABLISH, COLLECT, AND RETAIN FINES TO COVER THE COST OF COLLECTING DISHONORED CHECKS.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Chapter 11 of Title 34 of the 1976 Code is amended by adding:
"Section 34-11-140. State agencies may establish, collect, and retain fines to cover the cost associated with the collection of dishonored checks returned to the agencies due to insufficient funds. These fines must be retained and expended by the agencies solely for that purpose and an unused amount must be carried forward to the following fiscal year."
SECTION 2. This act takes effect upon approval by the Governor.