H*3083(Rat #0186, Act #0162 of 2012)  General Bill, By Pitts, Daning, Toole, 
G.M. Smith, Clyburn, Bingham, J.R. Smith, Huggins, Young, Taylor, Long, 
H.B. Brown, Ryan, Whipper and R.L. Brown

Similar(S 138, S 139, H 3084)
 AN ACT TO AMEND ACT 200 OF 2002, RELATING TO THE ESTABLISHMENT AND FUNDING
 SOURCES OF THE SOUTH CAROLINA CONSERVATION BANK, SO AS TO EXTEND FOR FIVE
 YEARS THROUGH JUNE 30, 2018, THE PROVISIONS OF CHAPTER 59, TITLE 48, CODE OF
 LAWS OF SOUTH CAROLINA, 1976, THE SOUTH CAROLINA CONSERVATION BANK ACT
 OTHERWISE SCHEDULED FOR REPEAL EFFECTIVE JULY 1, 2013, AND SIMILARLY TO EXTEND
 THE PROVISIONS OF ACT 200 OF 2002, RELATING TO FUNDING SOURCES AND OTHER
 MATTERS RELATING TO THE OPERATION OF THE SOUTH CAROLINA CONSERVATION BANK. -
 ratified title

   12/07/10  House  Prefiled
   12/07/10  House  Referred to Committee on Ways and Means
   01/11/11  House  Introduced and read first time (House Journal-page 38)
   01/11/11  House  Referred to Committee on Ways and Means
                     (House Journal-page 39)
   03/02/11  House  Member(s) request name added as sponsor: J.R.Smith
   03/08/11  House  Member(s) request name added as sponsor: Huggins
   03/09/11  House  Member(s) request name added as sponsor: Young, Taylor
   03/10/11  House  Member(s) request name added as sponsor: Long
   04/06/11  House  Committee report: Favorable Ways and Means
                     (House Journal-page 60)
   04/13/11  House  Member(s) request name added as sponsor:
                     H.B.Brown, Ryan, Whipper, R.L.Brown
   04/13/11  House  Debate adjourned until Thursday, April 14, 2011
                     (House Journal-page 66)
   04/14/11  House  Requests for debate-Rep(s). Hamilton, White,
                     Pitts, GR Smith, Henderson, Nanney, Norman,
                     Patrick, and Forrester (House Journal-page 14)
   04/27/11  House  Requests for debate removed-Rep(s). GR Smith,
                     Forrester, and Henderson (House Journal-page 89)
   04/28/11  House  Requests for debate removed-Rep(s). Pitts and
                     White (House Journal-page 39)
   04/28/11  House  Requests for debate removed-Rep(s). Patrick
                     (House Journal-page 40)
   04/28/11  House  Requests for debate-Rep(s). Stringer, Henderson,
                     Corbin, Norman, Loftis, Weeks, Owens, Bikas, and
                     Frye (House Journal-page 60)
   04/28/11  House  Debate adjourned until Tuesday, May 3, 2011
                     (House Journal-page 83)
   05/04/11  House  Requests for debate-Rep(s). Pitts, Barfield,
                     Merrill, Erickson, Tribble, Willis, and Toole
                     (House Journal-page 39)
   05/18/11  House  Debate adjourned until Thursday, May 19, 2011
                     (House Journal-page 31)
   05/18/11  House  Reconsidered (House Journal-page 41)
   05/18/11  House  Amended (House Journal-page 42)
   05/18/11  House  Read second time (House Journal-page 42)
   05/18/11  House  Roll call Yeas-95  Nays-16 (House Journal-page 42)
   05/19/11  House  Read third time and sent to Senate
                     (House Journal-page 35)
   05/19/11         Scrivener's error corrected
   05/24/11  Senate Introduced and read first time (Senate Journal-page 15)
   05/24/11  Senate Referred to Committee on Finance
                     (Senate Journal-page 15)
   03/21/12  Senate Committee report: Favorable Finance
                     (Senate Journal-page 18)
   03/27/12  Senate Committee Amendment Adopted (Senate Journal-page 21)
   04/19/12  Senate Read second time (Senate Journal-page 26)
   04/19/12  Senate Roll call Ayes-38  Nays-2 (Senate Journal-page 26)
   05/01/12  Senate Read third time and returned to House with
                     amendments (Senate Journal-page 18)
   05/03/12  House  Concurred in Senate amendment and enrolled
                     (House Journal-page 49)
   05/03/12  House  Roll call Yeas-89  Nays-0 (House Journal-page 50)
   05/08/12         Ratified R 186
   05/14/12         Signed By Governor
   05/17/12         Effective date 05/14/12
   05/21/12         Act No. 162

(A162, R186, H3083)

AN ACT TO AMEND ACT 200 OF 2002, RELATING TO THE ESTABLISHMENT AND FUNDING SOURCES OF THE SOUTH CAROLINA CONSERVATION BANK, SO AS TO EXTEND FOR FIVE YEARS THROUGH JUNE 30, 2018, THE PROVISIONS OF CHAPTER 59, TITLE 48, CODE OF LAWS OF SOUTH CAROLINA, 1976, THE SOUTH CAROLINA CONSERVATION BANK ACT OTHERWISE SCHEDULED FOR REPEAL EFFECTIVE JULY 1, 2013, AND SIMILARLY TO EXTEND THE PROVISIONS OF ACT 200 OF 2002, RELATING TO FUNDING SOURCES AND OTHER MATTERS RELATING TO THE OPERATION OF THE SOUTH CAROLINA CONSERVATION BANK.

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

South Carolina Conservation Bank and funding sources extended

SECTION    1.    Section 7 of Act 200 of 2002 is amended to read:

"Section    7.    Chapter 59, Title 48 of the 1976 Code and Sections 2 through 6 of this act are repealed effective July 1, 2018, unless reenacted or otherwise extended by the General Assembly. However, the South Carolina Conservation Bank established by this act may continue to operate as if Chapter 59, Title 48 of the 1976 Code was not repealed until the South Carolina Conservation Bank Trust Fund is exhausted or July 1, 2021, whichever first occurs. Any balance in that trust fund on July 1, 2021, reverts to the general fund of the State. Repeal does not affect any rights, obligations, liabilities, or debts due the South Carolina Conservation Bank. For these purposes, after the bank's termination, the State Budget and Control Board is the bank's successor, except that, after the bank's termination, the board's voting rights provided in the former provisions of Section 48-59-80(F), (G), (H), and (I) of the 1976 Code are devolved upon the Department of Natural Resources Board, and any contribution to the trust fund required pursuant to the former provisions of Section 48-59-80(H) of the 1976 Code must be made to the Heritage Trust Program."

Time effective

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

Ratified the 8th day of May, 2012.

Approved the 14th day of May, 2012.