Senator Davis proposes the following amendment (SR-436.JG0004S):

Amend the bill, as and if amended, SECTION 1, by striking Section 31-1-900(C)(1) and inserting:

(C)(1) The commission shall report to the Governor and the General Assembly within four years of the effective date of this section, setting forth its activities, the state of heirs' property in the State, data collected, and any recommendations for policy or legislative changes to help families with heirs' property clear title, to improve economic development opportunities for South Carolina, and to prevent new occurrences of heirs' property.

Amend the bill further, by adding an appropriately numbered SECTION to read:

SECTION X. The commission shall provide an annual progress report providing preliminary findings or recommendations to the General Assembly. The commission shall provide the first annual progress report on December 30, 2024. Thereafter, the commission shall provide the report required pursuant to Section 31-1-900(C)(1) on December 30, 2026 to the General Assembly.