South Carolina General Assembly
119th Session, 2011-2012

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Bill 1353

Indicates Matter Stricken
Indicates New Matter

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

RECALLED

April 24, 2012

S. 1353

Introduced by Senator Rose

S. Printed 4/24/12--S.

Read the first time March 20, 2012.

            

STATEMENT OF ESTIMATED FISCAL IMPACT

ESTIMATED FISCAL IMPACT ON GENERAL FUND EXPENDITURES:

$0 (No additional expenditures or savings are expected)

ESTIMATED FISCAL IMPACT ON FEDERAL & OTHER FUND EXPENDITURES:

$0 (No additional expenditures or savings are expected)

EXPLANATION OF IMPACT:

The South Carolina Ethics Commission estimates this bill will have no fiscal impact on the state general fund or on federal and/or other funds.

Approved By:

Brenda Hart

Office of State Budget

A BILL

TO AMEND SECTION 8-13-1140 OF THE 1976 CODE, RELATING TO THE DISCLOSURE OF ECONOMIC INTERESTS BY PUBLIC OFFICERS AND EMPLOYEES, TO REQUIRE A PERSON THAT IS REQUIRED TO FILE THE STATEMENT TO FILE FOR ANY YEAR IN WHICH THAT PERSON HOLDS OFFICE FOR ANY PORTION OF THE YEAR.

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

SECTION    1.    Section 8-13-1140 of the 1976 Code is amended to read:

"Section 8-13-1140.    A person required to file a statement of economic interests under this chapter shall file an updated statement for the previous calendar year with the appropriate supervisory office annually, no later than April fifteenth of each calendar year, listing any addition, deletion, or change in his economic status with respect to which information is required to be supplied under this article. A person who is required to file a statement of economic interests under this chapter is required to file an updated statement for any year in which that person holds any office designated by Section 8-13-1110 for any portion of the year. If the person has filed the description by name, amount, and schedule of payments of a continuing arrangement relating to an item required to be reported under this article, an updating statement need not be filed for each payment under the continuing arrangement, but only if the arrangement is terminated or altered."

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

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This web page was last updated on April 24, 2012 at 4:42 PM