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Session 112 - (1997-1998)Printer Friendly
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H*3665 (Rat #0264, Act #0148 of 1997) General Bill, By  House Ways and Means
Similar (H 3611)
    A BILL TO AMEND TITLE 11, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO PUBLIC FINANCE, BY ADDING CHAPTER 43 ENACTING THE "SOUTH CAROLINA TRANSPORTATION INFRASTRUCTURE BANK ACT" SO AS TO ESTABLISH THE SOUTH CAROLINA TRANSPORTATION INFRASTRUCTURE BANK ACT AND TO PROVIDE FOR ITS GOVERNANCE, POWERS, AND DUTIES; TO AUTHORIZE THE BANK TO PROVIDE LOANS AND OTHER FINANCIAL ASSISTANCE TO GOVERNMENT UNITS AND PRIVATE ENTITIES TO FINANCE PUBLIC HIGHWAY AND TRANSIT PROJECTS; TO AUTHORIZE THE BOARD OF THE BANK TO FUND THE BANK WITH UP TO THREE PERCENT OF FUNDS APPROPRIATED FOR THE CONSTRUCTION AND MAINTENANCE OF STATE HIGHWAYS; TO ALLOW FEDERAL GRANTS, LOAN REPAYMENTS, AND OTHER AVAILABLE AMOUNTS TO BE CREDITED TO THE BANK; TO AUTHORIZE LENDING TO AND BORROWING BY GOVERNMENT UNITS AND PRIVATE ENTITIES THROUGH THE BANK; TO AUTHORIZE THE ISSUANCE OF TRANSPORTATION INFRASTRUCTURE BANK REVENUE BONDS; TO AUTHORIZE THE ISSUANCE OF TRANSPORTATION INFRASTRUCTURE BANK GENERAL OBLIGATION BONDS; TO AMEND SECTION 57-3-615, AS AMENDED, RELATING TO TOLL PROJECTS, SO AS TO PROVIDE THAT NO TOLL MAY BE IMPOSED ON FEDERAL INTERSTATE HIGHWAYS IN EXISTENCE ON JANUARY 1, 1997, UNLESS APPROVED BY THE GENERAL ASSEMBLY IN SEPARATE LEGISLATION; TO AMEND SECTION 56-3-910, AS AMENDED, RELATING TO DISPOSITION OF CERTAIN FEES AND PENALTIES RELATING TO THE REGISTRATION OF TRUCKS, SO AS TO PROVIDE FOR THE PLACEMENT OF FIFTY PERCENT OF THE FEES AND PENALTIES IN THE SOUTH CAROLINA TRANSPORTATION INFRASTRUCTURE BANK IN FISCAL YEAR 1998-99 AND ONE HUNDRED PERCENT THEREAFTER.-AMENDED TITLE
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03/18/97House Introduced, read first time, placed on calendar without reference HJ-3
03/19/97House Requests for debate-Rep(s). Harrell, H. Brown, Kelley, Felder, Sharpe, Young-Brickell, Witherspoon, Edge, R. Smith, McLeod, Mason, Keegan, Altman & Robinson HJ-35
03/25/97House Amended HJ-49
03/25/97House Debate interrupted HJ-70
03/26/97House Amended HJ-19
03/26/97House Read second time HJ-56
03/26/97House Roll call Yeas-83 Nays-37 HJ-56
04/01/97House Read third time and sent to Senate HJ-35
04/02/97Senate Introduced and read first time SJ-8
04/02/97Senate Referred to Committee on Transportation SJ-8
05/08/97Senate Committee report: Majority favorable with amend., minority unfavorable Transportation SJ-6
05/21/97Senate Read second time SJ-38
05/21/97Senate Ordered to third reading with notice of amendments SJ-38
05/27/97Senate Special order SJ-51
05/28/97Senate Amended SJ-23
05/28/97Senate Read third time and returned to House with amendments SJ-45
06/04/97House Non-concurrence in Senate amendment HJ-22
06/04/97Senate Senate insists upon amendment and conference committee appointed Sens. Land, Rankin, Ravenel SJ-24
06/04/97House Conference committee appointed Reps. Robinson, Vaughn & Kelley HJ-142
06/17/97House Conference report received and adopted HJ-122
06/17/97Senate Conference report received and adopted SJ-65
06/17/97House Ordered enrolled for ratification HJ-203
06/18/97 Ratified R 264
06/26/97 Signed By Governor
06/26/97 Effective date 06/26/97 except that the provisions of Section 4 are effective 07/01/98
07/09/97 Copies available
07/09/97 Act No. 148



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