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TO AMEND ACT 200 OF 2002 ESTABLISHING THE SOUTH CAROLINA CONSERVATION BANK ACT AND PROVIDING SOURCES OF REVENUE FOR THE BANK, SO AS TO INCREASE FROM TWENTY-FIVE CENTS TO FORTY-FIVE CENTS THE PORTION OF EACH ONE-DOLLAR THIRTY-CENT STATE DEED RECORDING FEE THAT MUST BE CREDITED TO THE SOUTH CAROLINA CONSERVATION BANK TRUST FUND.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 3 of Act 200 of 2002 is amended to read:
"Section 3. Notwithstanding the provisions of Section 12-24-90(B)(3) of the 1976 Code, effective July 1, 20032007, twenty-fiveforty-five cents of the one dollar thirty-cent state deed recording fee must be credited to the South Carolina Conservation Bank Trust Fund."
SECTION 2. This act takes effect July 1, 2007.
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