Download This Bill in Microsoft Word format
Indicates Matter Stricken
Indicates New Matter
H. 4801
STATUS INFORMATION
General Bill
Sponsors: Rep. Delleney
Document Path: l:\council\bills\gjk\20948sd06.doc
Introduced in the House on March 14, 2006
Introduced in the Senate on March 28, 2006
Last Amended on March 23, 2006
Currently residing in the Senate
Summary: Master-in-Equity fees
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number ------------------------------------------------------------------------------- 3/14/2006 House Introduced and read first time HJ-20 3/14/2006 House Referred to Committee on Judiciary HJ-20 3/22/2006 House Committee report: Favorable with amendment Judiciary HJ-28 3/23/2006 House Amended HJ-33 3/23/2006 House Read second time HJ-34 3/23/2006 House Unanimous consent for third reading on next legislative day HJ-34 3/24/2006 House Read third time and sent to Senate 3/28/2006 Senate Introduced and read first time SJ-9 3/28/2006 Senate Referred to Committee on Judiciary SJ-9 3/28/2006 Senate Referred to Subcommittee: Moore (ch), Ford, Mescher, Rankin, Scott 5/24/2006 Senate Committee report: Favorable Judiciary SJ-22
View the latest legislative information at the LPITS web site
VERSIONS OF THIS BILL
3/14/2006
3/22/2006
3/22/2006
3/23/2006
5/24/2006
Indicates Matter Stricken
Indicates New Matter
COMMITTEE REPORT
May 24, 2006
H. 4801
S. Printed 5/24/06--S.
Read the first time March 28, 2006.
To whom was referred a Bill (H. 4801) to amend Section 14-11-310, as amended, Code of Laws of South Carolina, 1976, relating to masters-in-equity fees, so as to revise, etc., respectfully
That they have duly and carefully considered the same and recommend that the same do pass:
LUKE A. RANKIN for Committee.
TO AMEND SECTION 14-11-310, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO MASTERS-IN-EQUITY FEES, SO AS TO REVISE THE MAXIMUM COMMISSION ON CERTAIN SALES OF LAND AND THE FEE FOR PREPARATION OF A DEED.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 14-11-310 of the 1976 Code, as last amended by Act 678 of 1988, is further amended to read:
"Section 14-11-310. Masters-in-equity shall collect the following fees which must be deposited in the general fund of the county:
(1) in actions for partitions, foreclosure of liens upon real property, or sales of real property, either in private or by auction, a fee of one hundred dollars. If the matter requires more than one day of hearing, there is a thirty-five dollar charge for each additional day or portion of the day until the matter is concluded;
(2) for the preparation of a deed, a fee of twenty-five seventy-five dollars;
(3) on sales of land, a fee equal to one percent of the bid or of the funds passing through the court, whichever is greater. The minimum commission collectible under this item is twenty-five dollars, and the maximum commission is two thousand, five hundred five thousand dollars;
(4) for a supplemental proceeding, a fee of twenty-five dollars;
(5) in all other cases, fifty dollars for the first day's hearing or any portion of the day and for each day after the first day, thirty-five dollars. The fees must be assessed at the time of the order or report of the master-in-equity.
The fees provided for in this section, including the first day's fee provided for in item (5) and excluding the commission on the sale, must be paid at the time the order of reference is signed and is nonrefundable unless so ordered by the master-in-equity on proper cause being shown. The cost of transcribing the record is in addition to the fees provided for in this section and must be assessed at the rate prescribed for circuit courts."
SECTION 2. This act takes effect upon approval by the Governor.
This web page was last updated on Friday, December 4, 2009 at 3:52 P.M.