H*4352(Rat #0214, Act #0344 of 2010)  Joint Resolution, By Hodges and Dillard
 A JOINT RESOLUTION TO ESTABLISH A STUDY COMMITTEE TO REVIEW, STUDY, AND MAKE
 RECOMMENDATIONS CONCERNING THE NEED TO FOSTER THE DEVELOPMENT OF
 MICROENTERPRISES IN THIS STATE, TO PROVIDE FOR THE STUDY COMMITTEE'S
 MEMBERSHIP, AND TO REQUIRE THE STUDY COMMITTEE TO REPORT ITS FINDINGS AND
 RECOMMENDATIONS TO THE GENERAL ASSEMBLY NO LATER THAN JANUARY 20, 2011, AT
 WHICH TIME THE STUDY COMMITTEE IS ABOLISHED. - ratified title

   01/19/10  House  Introduced and read first time HJ-3
   01/19/10  House  Referred to Committee on Ways and Means HJ-3
   01/21/10  House  Recalled from Committee on Ways and Means HJ-32
   01/21/10  House  Referred to Committee on Labor, Commerce and
                     Industry HJ-32
   01/28/10  House  Member(s) request name added as sponsor: Dillard
   04/22/10  House  Committee report: Favorable Labor, Commerce and
                     Industry HJ-3
   04/27/10  House  Read second time HJ-34
   04/28/10  House  Read third time and sent to Senate HJ-24
   04/29/10  Senate Introduced, read first time, placed on calendar
                     without reference SJ-14
   05/04/10  Senate Amended SJ-26
   05/04/10  Senate Read second time SJ-26
   05/05/10  Senate Amended SJ-25
   05/06/10  Senate Read third time and returned to House with
                     amendments SJ-14
   05/06/10         Scrivener's error corrected
   05/12/10  House  Concurred in Senate amendment and enrolled HJ-30
   05/12/10  House  Roll call Yeas-88 Nays-0 HJ-30
   05/13/10         Ratified R 214
   05/19/10         Signed By Governor
   05/26/10         Effective date 05/19/10
   09/09/10         Act No. 344

(A344, R214, H4352)

A JOINT RESOLUTION TO ESTABLISH A STUDY COMMITTEE TO REVIEW, STUDY, AND MAKE RECOMMENDATIONS CONCERNING THE NEED TO FOSTER THE DEVELOPMENT OF MICROENTERPRISES IN THIS STATE, TO PROVIDE FOR THE STUDY COMMITTEE'S MEMBERSHIP, AND TO REQUIRE THE STUDY COMMITTEE TO REPORT ITS FINDINGS AND RECOMMENDATIONS TO THE GENERAL ASSEMBLY NO LATER THAN JANUARY 20, 2011, AT WHICH TIME THE STUDY COMMITTEE IS ABOLISHED.

Whereas, small enterprise is the backbone of our economy and vital to our collective prosperity, and microenterprises in particular provide incomes, goods, and services to many who otherwise might be deprived of them; and

Whereas, in addition to providing incomes, goods, and services to those in need, microenterprises are critical to recovery for the disabled, often providing them with flexible work schedules, a greater sense of self worth, and access to networking avenues in the community that differ greatly from the medical or treatment mode to which they may have become confined due to their disability; and

Whereas, critical to microenterprise creation is the availability of start-up capital, which is frequently difficult to obtain because potential microenterprises typically lack sufficient access to the commercial banking sector. Now, therefore,

Be it enacted by the General Assembly of the State of South Carolina:

Microenterprise and microbusiness defined

SECTION    1.    For the purposes of this joint resolution, "microenterprise" or "microbusiness" means a sole proprietorship, partnership, or corporation that has fewer than five employees and generally lacks access to conventional loans, equity, or other banking services.

Study committee established

SECTION    2.    There is established a study committee to review, study, and make recommendations concerning the need to foster the development of microenterprises in this State.

Study committee composition, successors, service without pay

SECTION    3.    (A)    The study committee must be composed of the following nine members:

(1)    two members appointed by the Governor;

(2)    two members appointed by the Speaker of the House of Representatives;

(3)    two members appointed by the President Pro Tempore of the Senate;

(4)    one member appointed by the President Pro Tempore of the Senate upon the recommendation of the South Carolina Banker's Association;

(5)    one member appointed by the Speaker of the House of Representatives upon the recommendation of the South Carolina Business Initiative; and

(6)    one member appointed by the Governor upon the recommendation of the Advisory Coordinating Council for Economic Development.

(B)    Members of the committee shall serve until their successors are appointed and qualified, and vacancies must be filled for the remainder of the unexpired term in the same manner of original appointment.

(C)    Members of the study committee shall serve without pay.

Reporting requirement, abolition

SECTION    4.    The study committee shall make a report of its findings and recommendations to the General Assembly no later than January 20, 2011, at which time the study committee must be abolished.

Time effective

SECTION    5.    This joint resolution takes effect upon approval by the Governor.

Ratified the 13th day of May, 2010.

Approved the 19th day of May, 2010.