South Carolina General Assembly
113th Session, 1999-2000

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Bill 4521

Indicates Matter Stricken
Indicates New Matter

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

COMMITTEE REPORT

May 25, 2000

H. 4521

Introduced by Rep. Keegan

S. Printed 5/25/00--S.

Read the first time May 9, 2000.

            

THE COMMITTEE ON

LABOR, COMMERCE AND INDUSTRY

To whom was referred a Bill (H. 4521), to amend Section 41-27-370, Code of Laws of South Carolina, 1976, relating to the definition of "unemployed" for purposes of the South Carolina employment security law, etc., respectfully

REPORT:

That they have duly and carefully considered the same, and recommend that the same do pass with amendment:

Amend the bill, as and if amended, by striking all after the enacting words and inserting:

/SECTION 1. Section 41-27-370(2) of the 1976 Code is amended by adding a paragraph at the end to read:

"For purposes of this subsection, social security benefits are not considered a governmental or other pension, retirement or retired pay, annuity, or other similar periodic payment attributable to the beneficiary's employment. As a result, the offset of social security will be reduced from 50% to 0% based on the fact that individuals are required to contribute to social security."

SECTION 2. This act takes effect upon approval by the Governor./

Renumber sections to conform.

Amend title to conform.

J. VERNE SMITH, for Committee.

A BILL

TO AMEND SECTION 41-27-370, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE DEFINITION OF "UNEMPLOYED" FOR PURPOSES OF THE SOUTH CAROLINA EMPLOYMENT SECURITY LAW AND THE REDUCTION OF UNEMPLOYMENT BENEFITS TO REFLECT PREVIOUS AND OTHER PAYMENTS ATTRIBUTABLE TO WORK, SO AS TO ELIMINATE ANY REDUCTION IN BENEFITS OF A BENEFICIARY RECEIVING SOCIAL SECURITY BENEFITS.

Be it enacted by the General Assembly of the State of South Carolina:

SECTION 1. Section 41-27-370(2) of the 1976 Code is amended by adding a paragraph at the end to read:

"For purposes of this subsection, social security benefits are not considered a governmental or other pension, retirement or retired pay, annuity, or other similar periodic payment attributable to the beneficiary's employment."

SECTION 2. This act takes effect upon approval by the Governor.

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