Senator SCOTT proposes the following amendment (SA\4100C011.NBD.SA21.DOCX):

Amend the bill, as and if amended, Part IB, Section 42, HOUSING FINANCE & DEVELOPMENT AUTHORITY, page 396, after line 11, by adding an appropriately numbered new proviso to read:

/ (HFDA: South Carolina Economic Growth Study Committee): (A) There is created the South Carolina Economic Growth Study Committee charged with studying the housing shortage's affect on affordable housing in the State and what factors are limiting affordable housing.

(B) Membership of the study committee is comprised of nine members as follows:

(1) a representative from the South Carolina Bankers Association;

(2) a representative from the South Carolina Association of Realtors;

(3) a representative from the South Carolina Chapter of the National Association of Real Estate Brokers;

(4) a representative from the Home Builders Association of South Carolina;

(5) a representative from the South Carolina Mortgage Brokers Association;

(6) a representative from the South Carolina State Housing Finance and Development Authority;

(7) a representative from the South Carolina Sheriff's Association;

(8) a representative of the Senate Labor, Commerce and Industry Committee; and

(9) a representative of the House Labor, Commerce and Industry Committee.

Each representative in items (1) through (7) must be appointed by the governing body of each respective organization. Each representative in items (8) and (9) must be appointed by the chairman of the respective committee.

(C) The study committee must be staffed by the Senate Labor, Commerce and Industry Committee and the House Labor, Commerce and Industry Committee.

(D) The study committee shall provide a report to the General Assembly by June 30, 2022, at which time the study committee is dissolved. /

Amend sections, totals and title to conform.