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Session 124 - (2021-2022)Printer Friendly
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S*1077 (Rat #0258, Act #0227 of 2022) General Bill, By Alexander, Rankin, Massey, K. Johnson, Sabb, Garrett, Gambrell, McElveen, Kimbrell, Stephens, McLeod, M. Johnson, Kimpson, Hutto, Grooms, Climer, Davis, Gustafson, Williams, Loftis, Fanning, Adams and Scott
Summary: Authorize issuance of bonds for purposes of offsetting and reducing prudently incurred costs
AN ACT TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING ARTICLE 8 TO CHAPTER 27, TILE 58 SO AS TO, AMONG OTHER THINGS, ALLOW THE PUBLIC SERVICE COMMISSION TO AUTHORIZE THE ISSUANCE OF BONDS FOR THE PURPOSES OF OFFSETTING AND REDUCING PRUDENTLY INCURRED COSTS FOR STORM RECOVERY ACTIVITY AND TO ESTABLISH THE REQUIREMENTS AND PROCESSES FOR THE AUTHORIZATION OF THESE BONDS; AND TO AMEND SECTION 36-9-109, RELATING TO THE SCOPE OF THE UNIFORM COMMERCIAL CODE PROVISIONS GOVERNING SECURED TRANSACTIONS, SO AS TO MAKE THESE PROVISIONS APPLICABLE TO THE CREATION, PERFECTION, PRIORITY, OR ENFORCEMENT OF ANY SALE, ASSIGNMENT OF, PLEDGE OF, SECURITY INTEREST IN, OR OTHER TRANSFER OF, ANY INTEREST OR RIGHT OR PORTION OF ANY INTEREST OR RIGHT IN ANY STORM RECOVERY PROPERTY AS DEFINED IN THIS ACT. - ratified title
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Summary: Authorize issuance of bonds for purposes of offsetting and reducing prudently incurred costs
AN ACT TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING ARTICLE 8 TO CHAPTER 27, TILE 58 SO AS TO, AMONG OTHER THINGS, ALLOW THE PUBLIC SERVICE COMMISSION TO AUTHORIZE THE ISSUANCE OF BONDS FOR THE PURPOSES OF OFFSETTING AND REDUCING PRUDENTLY INCURRED COSTS FOR STORM RECOVERY ACTIVITY AND TO ESTABLISH THE REQUIREMENTS AND PROCESSES FOR THE AUTHORIZATION OF THESE BONDS; AND TO AMEND SECTION 36-9-109, RELATING TO THE SCOPE OF THE UNIFORM COMMERCIAL CODE PROVISIONS GOVERNING SECURED TRANSACTIONS, SO AS TO MAKE THESE PROVISIONS APPLICABLE TO THE CREATION, PERFECTION, PRIORITY, OR ENFORCEMENT OF ANY SALE, ASSIGNMENT OF, PLEDGE OF, SECURITY INTEREST IN, OR OTHER TRANSFER OF, ANY INTEREST OR RIGHT OR PORTION OF ANY INTEREST OR RIGHT IN ANY STORM RECOVERY PROPERTY AS DEFINED IN THIS ACT. - ratified title
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02/17/22 | Senate | Introduced and read first time |
02/17/22 | Senate | Referred to Committee on Judiciary (Senate Journal-page 4) |
03/03/22 | Senate | Referred to Subcommittee: Rankin (ch), Hutto, Campsen, Matthews, Talley |
03/30/22 | Senate | Committee report: Favorable with amendment Judiciary (Senate Journal-page 12) |
03/31/22 | Scrivener's error corrected | |
04/06/22 | Senate | Read second time (Senate Journal-page 97) |
04/07/22 | Senate | Committee Amendment Adopted (Senate Journal-page 22) |
04/07/22 | Senate | Read third time and sent to House (Senate Journal-page 22) |
04/07/22 | Senate | Roll call Ayes-37 Nays-4 (Senate Journal-page 22) |
04/08/22 | Scrivener's error corrected | |
04/19/22 | House | Introduced and read first time (House Journal-page 212) |
04/19/22 | House | Referred to Committee on Labor, Commerce and Industry (House Journal-page 212) |
05/04/22 | House | Committee report: Favorable with amendment Labor, Commerce and Industry (House Journal-page 7) |
05/10/22 | House | Amended (House Journal-page 215) |
05/10/22 | House | Read second time (House Journal-page 215) |
05/10/22 | House | Roll call Yeas-104 Nays-0 (House Journal-page 221) |
05/11/22 | House | Read third time and returned to Senate with amendments (House Journal-page 8) |
05/12/22 | Senate | Non-concurrence in House amendment (Senate Journal-page 91) |
05/12/22 | House | House insists upon amendment and conference committee appointed Reps. West, Ott, JE Johnson (House Journal-page 119) |
05/12/22 | Senate | Conference committee appointed Rankin, Talley, Hutto (Senate Journal-page 92) |
06/07/22 | Scrivener's error corrected | |
06/15/22 | House | Conference report received and adopted (House Journal-page 153) |
06/15/22 | House | Roll call Yeas-102 Nays-0 (House Journal-page 174) |
06/15/22 | Senate | Conference report received and adopted (Senate Journal-page 54) |
06/15/22 | Senate | Roll call Ayes-38 Nays-0 (Senate Journal-page 54) |
06/15/22 | Senate | Ordered enrolled for ratification (Senate Journal-page 77) |
06/16/22 | Ratified R 258 | |
06/17/22 | Signed By Governor | |
06/28/22 | Effective date 06/17/22 | |
06/28/22 | Act No. 227 |