View Amendment Current Amendment: 3406R002.SP.HKL.docx to Bill 3406     The Committee on Finance proposed the following amendment (3406R002.SP.HKL):
    Amend the bill, as and if amended, page 1, by striking lines 23-30 and inserting:

/     "SECTION 2.     This act takes effect July 1, 2013, July 1, 2017 and must be terminated five years after the effective date of the act unless otherwise authorized by the General Assembly. Beginning on July 1, 2014, and on each July first thereafter, the South Carolina Workers' Compensation Commission must report to the Chairman of House Ways and Means Committee, the Chairman of Senate Finance, and the Governor the amount of money the agency has received in the previous fiscal year pursuant to this act."         /

Amend the bill further, as and if amended, by adding an appropriately numbered new SECTION to read:

/     SECTION     ___.     A.     Section 12-21-2420 of the 1976 Code is amended by adding an appropriately lettered new item at the end to read:

    "(     )     any amount that an accredited college or university requires a season ticket holder to pay to a nonprofit athletic booster organization that is exempt from federal income taxation in order to receive the right to purchase athletic event tickets."

B.     This SECTION takes effect July 1, 2017.             /

    Renumber sections to conform.
    Amend title to conform.