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H. 4943
STATUS INFORMATION
General Bill
Sponsors: Reps. Hamilton, Bedingfield, Ballentine, Toole, Burns, Putnam, King, H.A. Crawford, Huggins, Loftis, Williams, Brannon, Quinn, Atwater, Hardwick, Barfield, Gagnon, Long and Simrill
Document Path: l:\council\bills\bh\26115dg14.docx
Introduced in the House on March 20, 2014
Currently residing in the House Committee on Judiciary
Summary: Acquiring a mortgage
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number
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3/20/2014 House Introduced and read first time (House Journal-page 15)
3/20/2014 House Referred to Committee on Judiciary
(House Journal-page 15)
View the latest legislative information at the website
VERSIONS OF THIS BILL
TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 28-2-130 SO AS TO PROHIBIT A PUBLIC BODY FROM ACQUIRING A MORTGAGE USING THE POWER OF EMINENT DOMAIN.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Article 1, Chapter 2, Title 28 of the 1976 Code is amended by adding:
"Section 28-2-130. Notwithstanding any other provision of this chapter, a public body may not acquire a mortgage through the power of eminent domain. Further, for purposes of Section 13, Article I of the Constitution of South Carolina, 1895, the General Assembly finds that condemning a mortgage is not a public use and does not remedy blight."
SECTION 2. This act takes effect upon approval by the Governor.
This web page was last updated on March 25, 2014 at 12:06 PM