H*3949(Rat #0411, Act #0357 of 2006)  General Bill, By Cooper

Similar(H 4419)
 AN ACT TO AMEND SECTION 12-21-4190, CODE OF LAWS OF SOUTH CAROLINA, 1976,
 RELATING TO BINGO CARD CHARGES RETAINED BY THE DEPARTMENT OF REVENUE AND
 DISTRIBUTION OF THIS REVENUE, SO AS TO REDUCE THE AMOUNT RETAINED FROM SIXTEEN
 AND ONE-HALF CENTS TO TEN CENTS FOR EACH DOLLAR OF FACE VALUE FOR EACH CARD
 SOLD FOR AA, B, D, AND E LICENSES AND TO ESTABLISH A FOUR CENT CHARGE FOR EACH
 DOLLAR OF FACE VALUE FOR CARDS SOLD FOR C LICENSES; AND TO AMEND SECTION
 12-21-4200, AS AMENDED, RELATING TO DISTRIBUTION OF REVENUE GENERATED FROM THE
 LICENSURE AND REGULATION OF BINGO, SO AS TO PROVIDE THAT THE REVENUE DEDICATED
 TO THE DIVISION ON AGING MUST NOT BE LESS THEN SIX HUNDRED THOUSAND DOLLARS
 ANNUALLY. - ratified title

   04/19/05  House  Introduced and read first time HJ-14
   04/19/05  House  Referred to Committee on Ways and Means HJ-14
   04/20/06  House  Committee report: Favorable with amendment Ways
                     and Means HJ-12
   04/25/06  House  Amended HJ-107
   04/25/06  House  Read second time HJ-107
   04/26/06  House  Read third time and sent to Senate HJ-21
   04/26/06  Senate Introduced and read first time SJ-4
   04/26/06  Senate Referred to Committee on Finance SJ-4
   05/12/06  Senate Referred to Subcommittee: O'Dell (ch), Peeler,
                     Reese, Short, Fair, Verdin
   05/18/06  Senate Committee report: Favorable Finance SJ-33
   05/25/06  Senate Amended SJ-51
   05/25/06  Senate Read second time SJ-51
   05/26/06         Scrivener's error corrected
   05/30/06  Senate Read third time and returned to House with
                     amendments SJ-11
   05/31/06  House  Concurred in Senate amendment and enrolled HJ-75
   06/07/06         Ratified R 411
   06/08/06         Signed By Governor
   06/16/06         Copies available
   06/16/06         Effective date 07/01/07
   06/23/06         Act No. 357

(A357, R411, H3949)

AN ACT TO AMEND SECTION 12-21-4190, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO BINGO CARD CHARGES RETAINED BY THE DEPARTMENT OF REVENUE AND DISTRIBUTION OF THIS REVENUE, SO AS TO REDUCE THE AMOUNT RETAINED FROM SIXTEEN AND ONE-HALF CENTS TO TEN CENTS FOR EACH DOLLAR OF FACE VALUE FOR EACH CARD SOLD FOR AA, B, D, AND E LICENSES AND TO ESTABLISH A FOUR CENT CHARGE FOR EACH DOLLAR OF FACE VALUE FOR CARDS SOLD FOR C LICENSES; AND TO AMEND SECTION 12-21-4200, AS AMENDED, RELATING TO DISTRIBUTION OF REVENUE GENERATED FROM THE LICENSURE AND REGULATION OF BINGO, SO AS TO PROVIDE THAT THE REVENUE DEDICATED TO THE DIVISION ON AGING MUST NOT BE LESS THAN SIX HUNDRED THOUSAND DOLLARS ANNUALLY.

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

Bingo card charges

SECTION    1.    Section 12-21-4190(A) of the 1976 Code is amended to read:

"(A)    The department shall charge and retain ten cents for each dollar of face value for each bingo card sold for AA, B, D, and E licenses. The department shall charge and retain five cents for each dollar of face value for each bingo card sold to a F license. The department shall charge and retain four cents for each dollar of face values for each bingo card sold for a C license."

Distribution of bingo revenue

SECTION    2.    Section 12-21-4200 of the 1976 Code, as last amended by Act 172 of 2004, is further amended to read:

"Section 12-21-4200.    The first nine hundred forty-eight thousand dollars of the total revenues derived from the provisions of this article which is collected from bingo within this State must be deposited monthly in twelve equal amounts into an account in the Office of the State Treasurer and called 'Division on Aging Senior Citizen Centers Permanent Improvement Fund'. All interest earned on monies in the Division on Aging Senior Citizen Centers Permanent Improvement Fund must be credited to this fund. Of the remaining revenue:

(1)    Seven and five one-hundredths percent of the annual revenue derived from the provisions of Section 12-21-4190(2) must be deposited with the State Treasurer to be credited to the account of the Division on Aging, Office of the Governor, but in no case shall this credit be less than six hundred thousand dollars. This amount must be allocated to each county for distribution in home community services for the elderly as follows:

(a)    One-half of the funds must be divided equally among the forty-six counties.

(b)    The remaining one-half must be divided based on the percentage of the county's population age sixty and above in relation to the total state population using the latest report of the United States Bureau of the Census.

The aging service providers receiving these funds must be agencies recognized by the Division on Aging, Office of the Governor and the area agencies on aging.

(2) Twenty and eight-tenths percent of the annual revenue derived from the provisions of Section 12-21-4190(2) must be deposited by the State Treasurer in a separate fund for the Department of Parks, Recreation and Tourism entitled the 'Parks and Recreation Development Fund'. Interest earned by this fund must be added to it and credited to its various accounts in the same proportion that the annual allocation to each account bears to the total annual distribution to the fund. Unexpended amounts in the various fund accounts must be carried forward to succeeding fiscal years except as provided in Section 51-23-30. Fund proceeds must be distributed as provided in Chapter 23 of Title 51.

(3)    Seventy-two and fifteen one-hundredths percent of the annual revenue derived from the provisions of Section 12-21-4190(2) must be deposited with the State Treasurer and credited to the general fund, except that the first one hundred thirty-one thousand of such revenues each year must be transferred to the Commission on Minority Affairs."

Time effective

SECTION    3.    This act takes effect July 1, 2007.

Ratified the 7th day of June, 2006.

Approved the 8th day of June, 2006.