South Carolina Legislature


Session 111 - (1995-1996)Printer Friendly
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H 4902 General Bill, By Limehouse, Breeland, Easterday, Harrell, R.J. Herdklotz, McMahand, Rhoad, E.C. Stoddard, Tripp, Trotter, Vaughn and Wilder
Similar (S 1365)
    A Bill to amend Title 11, Code of Laws of South Carolina, 1976, relating to public finance by adding Chapter 42 so as to establish the South Carolina Transportation Infrastructure Bank Act and to provide for its 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 Department of Transportation to fund the Bank with up to five 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; and to authorize lending to and borrowing by government units and private entities through the Bank.
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04/10/96House Introduced and read first time HJ-15
04/10/96House Referred to Committee on Labor, Commerce and Industry HJ-15
04/24/96House Committee report: Majority favorable with amend., minority unfavorable Labor, Commerce and Industry HJ-3
05/01/96House Committee amendment tabled HJ-102
05/01/96House Read second time HJ-103
05/01/96House Roll call Yeas-89 Nays-1 HJ-103
05/02/96House Read third time and sent to Senate HJ-39
05/02/96Senate Introduced and read first time SJ-44
05/02/96Senate Referred to Committee on Banking and Insurance SJ-44
05/08/96Senate Recalled from Committee on Banking and Insurance SJ-10

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