H 4305 General Bill, By Wilkins, Leach, Delleney, Haskins, Hawkins, Bailey, 
Vaughn, Altman, Hinson, Cotty, Jennings, Littlejohn and Riser

Similar(S 193)
 A BILL TO AMEND SECTION 9-11-25, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA,
 1976, RELATING TO THE OPTIONS ALLOWING PROBATE JUDGES TO PARTICIPATE IN EITHER
 THE SOUTH CAROLINA POLICE OFFICERS RETIREMENT SYSTEM OR THE SOUTH CAROLINA
 RETIREMENT SYSTEM, SO AS TO EXTEND A SIMILAR OPTION TO MASTERS-IN-EQUITY.

   12/01/99  House  Prefiled
   12/01/99  House  Referred to Committee on Ways and Means
   01/11/00  House  Introduced and read first time HJ-414
   01/11/00  House  Referred to Committee on Ways and Means HJ-414
   04/19/00  House  Committee report: Favorable with amendment Ways
                     and Means HJ-19
   04/26/00  House  Requests for debate-Rep(s). Young-Brickell,
                     Meacham-Richardson, Kirsh, Littlejohn,
                     Moody-Lawrence, Altman, Davenport, Sharpe, Cato
                     and Fleming HJ-88
   05/17/00  House  Requests for debate removed-Rep(s). Cato, Fleming
                     and Littlejohn HJ-56
   05/17/00  House  Requests for debate removed-Rep(s). Davenport and
                     Sharpe HJ-58
   05/17/00  House  Requests for debate removed-Rep(s).
                     Young-Brickell HJ-73
   05/17/00  House  Requests for debate-Rep(s). Sheheen, Delleney and
                     Miller HJ-74
   05/18/00  House  Requests for debate removed-Rep(s). Delleney HJ-31
   05/24/00  House  Requests for debate removed-Rep(s).
                     Moody-Lawrence HJ-64
   05/24/00  House  Recommitted to Committee on Ways and Means HJ-90

April 19, 2000

H. 4305

Introduced by Reps. Wilkins, Leach, Delleney, Haskins, Hawkins, Bailey, Vaughn, Altman, Hinson, Cotty, Jennings and Riser

S. Printed 4/19/00--H.

Read the first time January 11, 2000.

To whom was referred a Bill (H. 4305), to amend Section 9-11-25, as amended, Code of Laws of South Carolina, 1976, relating to the options allowing probate judges to participate in either the South Carolina Police Officers Retirement System or, etc., respectfully

That they have duly and carefully considered the same, and recommend that the same do pass with amendment:

Amend the bill, as and if amended, by striking SECTION 1 and inserting:

/ SECTION 1. Section 9-11-25 of the 1976 Code, as amended by Act 336 of 1992, is further amended by adding two paragraphs at the end to read:

"Masters-in-equity may elect to participate in either the retirement system established pursuant to this chapter or the South Carolina Retirement System established pursuant to Chapter 1 of this title.

In addition to the fee imposed pursuant to Section 14-11-310(2) for preparation of a deed, there is imposed an additional fee equal to fifteen dollars which must be collected, administered, and Disbursed in the same manner as the fee imposed pursuant to Section 14-11-310(2)." /

Renumber sections to conform.

Amend totals and title to conform.

ROBERT W. HARRELL, JR., for Committee.

EXPLANATION OF GENERAL FUND IMPACT:

There are 21 masters-in-equity statewide who are paid by their respective counties. Since the salaries are not paid by the State, there will be no impact upon the General Fund of the State nor on federal and/or other funds.

LOCAL GOVERNMENT IMPACT:

Since the statutes currently provide for the masters-in-equity to be members in the regular retirement system, there will be an additional cost to the county of approximately 4% of the salary should the member elect to participate in the Police Officers Retirement System.

Approved By:

Les Boles

Office of State Budget

TO AMEND SECTION 9-11-25, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE OPTIONS ALLOWING PROBATE JUDGES TO PARTICIPATE IN EITHER THE SOUTH CAROLINA POLICE OFFICERS RETIREMENT SYSTEM OR THE SOUTH CAROLINA RETIREMENT SYSTEM, SO AS TO EXTEND A SIMILAR OPTION TO MASTERS-IN-EQUITY.

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

SECTION 1. Section 9-11-25 of the 1976 Code, as amended by Act 336 of 1992, is further amended by adding a paragraph at the end to read:

"Masters-in-equity may elect to participate in either the retirement system established pursuant to this chapter or the South Carolina Retirement System established pursuant to Chapter 1 of this title."

SECTION 2. This act takes effect upon approval by the Governor.