H*3186 Session 121 (2015-2016)
H*3186(Rat #0307, Act #0283 of 2016) General Bill, By Finlay, Cole, Anderson,
Bales, G.A. Brown, R.L. Brown, Felder, Funderburk, Hart, Knight, Lucas, Murphy,
Newton, Norman, Norrell, Pope, Putnam, Rivers, Southard, Spires, Tallon, Taylor,
Wells, Williams, Willis, Long, Henderson, G.R. Smith, G.M. Smith, McCoy, Clary,
J.E. Smith, W.J. McLeod, Weeks, Whipper, Hicks, Atwater, Ballentine and
Stavrinakis
AN ACT TO AMEND SECTION 8-13-1120, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA,
1976, RELATING TO THE CONTENTS OF THE STATEMENT OF ECONOMIC INTERESTS, SO AS
TO REQUIRE THE DISCLOSURE OF SPECIFIED INCOME INFORMATION ON THE STATEMENT OF
ECONOMIC INTERESTS, AND TO DEFINE "INCOME" FOR PURPOSES OF THE STATEMENT OF
ECONOMIC INTERESTS AND TO ENUMERATE EXCLUSIONS. - ratified title
12/18/14 House Prefiled
12/18/14 House Referred to Committee on Judiciary
01/13/15 House Introduced and read first time (House Journal-page 139)
01/13/15 House Referred to Committee on Judiciary
(House Journal-page 139)
01/21/15 House Member(s) request name added as sponsor:
J.E.Smith, W.J.McLeod
02/04/15 House Member(s) request name added as sponsor: Weeks, Whipper
02/04/15 House Committee report: Favorable with amendment
Judiciary (House Journal-page 32)
02/05/15 House Member(s) request name added as sponsor: Hicks
02/05/15 Scrivener's error corrected
02/11/15 House Member(s) request name added as sponsor: Atwater,
Ballentine
02/11/15 House Requests for debate-Rep(s). Bannister, Weeks,
Tallon, GM Smith, Bedingfield (House Journal-page 29)
02/12/15 House Member(s) request name added as sponsor: Stavrinakis
02/12/15 House Debate adjourned until Tues., 2-17-15
(House Journal-page 42)
02/19/15 House Amended (House Journal-page 41)
02/19/15 House Read second time (House Journal-page 41)
02/19/15 House Roll call Yeas-110 Nays-0 (House Journal-page 46)
02/19/15 House Unanimous consent for third reading on next
legislative day (House Journal-page 47)
02/20/15 House Read third time and sent to Senate
(House Journal-page 3)
02/24/15 Senate Introduced and read first time (Senate Journal-page 10)
02/24/15 Senate Referred to Committee on Judiciary
(Senate Journal-page 10)
05/13/15 Senate Committee report: Favorable with amendment
Judiciary (Senate Journal-page 11)
05/14/15 Scrivener's error corrected
04/12/16 Senate Special order, set for April 12, 2016
(Senate Journal-page 29)
04/12/16 Senate Roll call Ayes-39 Nays-4 (Senate Journal-page 29)
04/13/16 Senate Committee Amendment Adopted (Senate Journal-page 59)
04/13/16 Senate Read second time (Senate Journal-page 59)
04/13/16 Senate Roll call Ayes-40 Nays-1 (Senate Journal-page 59)
04/14/16 Scrivener's error corrected
04/27/16 Senate Amended (Senate Journal-page 89)
04/27/16 Senate Read third time and returned to House with
amendments (Senate Journal-page 89)
04/27/16 Senate Roll call Ayes-39 Nays-0 (Senate Journal-page 89)
04/28/16 Scrivener's error corrected
04/28/16 Scrivener's error corrected
05/04/16 House Debate adjourned until Tues., 5-17-16
(House Journal-page 19)
05/18/16 House Debate adjourned until Thur., 5-19-16
(House Journal-page 68)
05/19/16 House Debate adjourned until Tues., 5-24-16
(House Journal-page 50)
05/26/16 House Senate amendment amended (House Journal-page 25)
05/26/16 House Returned to Senate with amendments
(House Journal-page 25)
05/26/16 House Roll call Yeas-94 Nays-13 (House Journal-page 29)
05/31/16 Senate Non-concurrence in House amendment
(Senate Journal-page 21)
05/31/16 House House insists upon amendment and conference
committee appointed Reps. Finlay, GM Smith,
Bernstein (House Journal-page 65)
06/01/16 Senate Conference committee appointed Larry Martin,
Campsen, Hutto (Senate Journal-page 7)
06/15/16 House Conference report adopted (House Journal-page 48)
06/15/16 House Roll call Yeas-99 Nays-10 (House Journal-page 49)
06/15/16 Senate Conference report adopted (Senate Journal-page 136)
06/15/16 Senate Roll call Ayes-42 Nays-0 (Senate Journal-page 136)
06/15/16 Senate Ordered enrolled for ratification
06/17/16 Ratified R 307
06/23/16 Signed By Governor
07/07/16 Effective date 01/01/17
07/07/16 Act No. 283
H. 3186
(A283, R307, H3186)
AN ACT TO AMEND SECTION 8-13-1120, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE CONTENTS OF THE STATEMENT OF ECONOMIC INTERESTS, SO AS TO REQUIRE THE DISCLOSURE OF SPECIFIED INCOME INFORMATION ON THE STATEMENT OF ECONOMIC INTERESTS, AND TO DEFINE "INCOME" FOR PURPOSES OF THE STATEMENT OF ECONOMIC INTERESTS AND TO ENUMERATE EXCLUSIONS.
Be it enacted by the General Assembly of the State of South Carolina:
Contents of statement of economic interests
SECTION 1. Section 8-13-1120(A) of the 1976 Code, as last amended by Act 6 of 1995, is further amended by adding:
"(10) a listing of the private source and type of any income received in the previous year by the filer or a member of his immediate family. This item does not include income received pursuant to:
(a) a court order;
(b) a savings, checking, or brokerage account with a bank, savings and loan, or other licensed financial institution which offers savings, checking, or brokerage accounts in the ordinary course of its business and on terms and interest rates generally available to a member of the general public without regard to status as a public official, public member, or public employee;
(c) a mutual fund or similar fund in which an investment company invests its shareholders' money in a diversified selection of securities."
Income defined, exclusions
SECTION 2. Section 8-13-1120 of the 1976 Code, as last amended by Act 6 of 1995, is further amended by adding:
"(C) For purposes of this section, income means anything of value received, which must be reported on a form used by the Internal Revenue Service for the reporting or disclosure of income received by an individual or a business. Income does not include retirement, annuity, pension, IRA, disability, or deferred compensation payments received by the filer or filer's immediate family member."
Time effective
SECTION 3. The provisions of this act take effect on January 1, 2017.
Ratified the 17th day of June, 2016.
Approved the 23rd day of June, 2016.
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