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H 3810
Session 112 (1997-1998)


H 3810 General Bill, By Harrell, Allison, Altman, Boan, Breeland, H. Brown, 
Campsen, J.H. Hodges, Lanford, Limehouse, Littlejohn, J. Smith, R. Smith, 
Whatley and Wilkins
 A BILL TO AMEND SECTION 33-56-50, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA,
 1976, RELATING TO CHARITABLE ORGANIZATIONS EXEMPT FROM FILING A REGISTRATION
 STATEMENT WITH THE ATTORNEY GENERAL, SO AS TO PROVIDE THAT A PARENT-TEACHER
 ORGANIZATION AFFILIATED WITH AN EDUCATIONAL INSTITUTION IS EXEMPT.

   04/02/97  House  Introduced and read first time HJ-125
   04/02/97  House  Referred to Committee on Ways and Means HJ-126
   04/22/97  House  Committee report: Favorable Ways and Means HJ-5
   04/29/97  House  Read second time HJ-49
   04/30/97  House  Read third time and sent to Senate HJ-19
   05/01/97  Senate Introduced and read first time SJ-13
   05/01/97  Senate Referred to Committee on Judiciary SJ-13



Indicates Matter Stricken
Indicates New Matter

COMMITTEE REPORT

April 22, 1997

H. 3810

Introduced by Reps. Harrell, Altman, J. Smith, R. Smith, Breeland, H. Brown, Campsen, Limehouse, Boan, Whatley, Hodges, Allison, Wilkins, Lanford and Littlejohn

S. Printed 4/22/97--H.

Read the first time April 2, 1997.

THE COMMITTEE ON WAYS AND MEANS

To whom was referred a Bill (H. 3810), to amend Section 33-56-50, as amended, Code of Laws of South Carolina, 1976, relating to Charitable Organizations, etc., respectfully

REPORT:

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

HENRY E. BROWN, JR., for Committee.

STATEMENT OF ESTIMATED FISCAL IMPACT

1. Estimated Cost to State-First Year$ - 0 -

2. Estimated Cost to State-Annually Thereafter$ - 0 -

The Attorney General estimates a revenue loss of $1,200 in other funds due to the fact that current filing fees would no longer be collected from these organizations.

Approved By:

Michael L. Shealy

Office of State Budget

A BILL

TO AMEND SECTION 33-56-50, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO CHARITABLE ORGANIZATIONS EXEMPT FROM FILING A REGISTRATION STATEMENT WITH THE ATTORNEY GENERAL, SO AS TO PROVIDE THAT A PARENT-TEACHER ORGANIZATION AFFILIATED WITH AN EDUCATIONAL INSTITUTION IS EXEMPT.

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

SECTION 1. Section 33-56-50(1) of the 1976 Code, as last amended by Section 28F, Part II, Act 458 of 1996, is further amended to read:

"(1) an educational institution, including a parent-teacher organization affiliated with an educational institution, which solicits contributions only from its students and their families, alumni, faculty, friends, and other constituencies, trustees, corporations, foundations, and individuals who are interested in and supportive of the programs of the institution;"

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

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