H 4269 General Bill, By Herbkersman, D.C. Smith, Umphlett, Ballentine, 
J.R. Smith, Limehouse, Lowe, Bingham, Merrill, Toole, R.L. Brown, T.R. Young, 
Stewart, McLeod, G.A. Brown, Hiott, Rice, J.E. Smith, Duncan, Agnew, Hutto, 
Clemmons, Chalk, Clyburn, Hosey, Crawford, Battle, Pinson, Ott, Lucas, Hayes, 
Stavrinakis, Knight, D.C. Moss, Brady, Horne, Sellers, H.B. Brown, Sottile and 
Bowers

Similar(S 903)
 A BILL TO AMEND ACT 200 OF 2002, RELATING TO THE SOUTH CAROLINA CONSERVATION
 BANK ACT, SO AS TO DELETE A PROVISION WHICH PROVIDES THAT NO FURTHER DEED
 RECORDING FEES OR OTHER FUNDS MAY BE CREDITED TO THE CONSERVATION BANK TRUST
 FUND IN ANY YEAR WHEN A MAJORITY OF STATE AGENCY APPROPRIATIONS ARE REDUCED IN
 THE ANNUAL GENERAL APPROPRIATIONS ACT OR WHEN THE STATE BUDGET AND CONTROL
 BOARD IMPOSES ACROSS THE BOARD CUTS AND INSTEAD PROVIDE FOR A REDUCTION ON A
 PERCENTAGE BASIS IN THE AMOUNT OF DEED RECORDING FEES WHICH MAY BE TRANSFERRED
 TO THE TRUST FUND, AND TO EXTEND THE EXPIRATION DATE OF THE PROVISIONS OF LAW
 RELATING TO THE CONSERVATION BANK ACT AND OTHER RELATED DATES PERTAINING TO
 THE CLOSURE OF THE CONSERVATION BANK ACT AND CONSERVATION BANK FUND.

   12/15/09  House  Prefiled
   12/15/09  House  Referred to Committee on Ways and Means
   01/12/10  House  Introduced and read first time HJ-52
   01/12/10  House  Referred to Committee on Ways and Means HJ-53
   01/13/10  House  Member(s) request name added as sponsor:
                     D.C.Smith, Umphlett, Ballentine, J.R.Smith
   01/14/10  House  Member(s) request name added as sponsor:
                     Limehouse, Lowe, G.R.Smith
   01/19/10  House  Member(s) request name added as sponsor: Bingham,
                     Merrill, Toole, R.L.Brown, T.R.Young
   01/20/10  House  Member(s) request name added as sponsor: Stewart
   01/21/10  House  Member(s) request name added as sponsor: McLeod,
                     G.A.Brown, Hiott, Rice
   01/26/10  House  Member(s) request name added as sponsor:
                     J.E.Smith, Duncan
   01/27/10  House  Member(s) request name added as sponsor: Agnew,
                     Hutto, Clemmons
   01/28/10  House  Member(s) request name added as sponsor: Chalk,
                     Clyburn, Hosey, Crawford, Battle, Pinson, Ott,
                     Lucas, Hayes, Stavrinakis, Knight, D.C.Moss
   02/02/10  House  Member(s) request name added as sponsor: Brady
   02/25/10  House  Member(s) request name added as sponsor: Horne
   03/09/10  House  Member(s) request name added as sponsor: Sellers
   03/17/10  House  Member(s) request name added as sponsor: H.B.Brown
   03/23/10  House  Member(s) request name added as sponsor: Sottile
   03/25/10  House  Member(s) request name removed as sponsor: G.R.Smith
   04/15/10  House  Committee report: Favorable with amendment Ways
                     and Means HJ-18
   04/20/10         Scrivener's error corrected
   04/22/10  House  Member(s) request name removed as sponsor: Wylie
   04/22/10  House  Requests for debate-Rep(s). Hamilton,
                     Bedingfield, Loftis, GR Smith, and Umphlett HJ-45
   04/27/10  House  Requests for debate removed-Rep(s). Umphlett HJ-67
   04/27/10  House  Requests for debate-Rep(s). Nanney, Wylie,
                     Merrill, Crawford, Rutherford, Harrison, Lowe,
                     Ott, Umphlett, Daning, Hosey, Vick, Govan,
                     Duncan, Stringer, and Frye HJ-68
   04/29/10  House  Member(s) request name added as sponsor: Bowers
   04/29/10  House  Amended HJ-72
   04/29/10  House  Read second time HJ-72
   04/29/10  House  Roll call Yeas-93  Nays-8 HJ-74
   04/29/10  House  Unanimous consent for third reading on next
                     legislative day HJ-97
   04/30/10  House  Read third time and sent to Senate HJ-2
   04/30/10         Scrivener's error corrected
   05/04/10  Senate Introduced and read first time SJ-12
   05/04/10  Senate Referred to Committee on Finance SJ-12

Indicates Matter Stricken

Indicates New Matter

AMENDED

April 29, 2010

H. 4269

Introduced by Reps. Herbkersman, D.C. Smith, Umphlett, Ballentine, J.R. Smith, Limehouse, Lowe, Bingham, Merrill, Toole, R.L. Brown, T.R. Young, Stewart, McLeod, G.A. Brown, Hiott, Rice, J.E. Smith, Duncan, Agnew, Hutto, Clemmons, Chalk, Clyburn, Hosey, Crawford, Battle, Pinson, Ott, Lucas, Hayes, Stavrinakis, Knight, D.C. Moss, Brady, Horne, Sellers, H.B. Brown, Sottile, Bowers and G.R. Smith

S. Printed 4/29/10--H.    [SEC 4/30/10 2:46 PM]

Read the first time January 12, 2010.

TO AMEND ACT 200 OF 2002, RELATING TO THE SOUTH CAROLINA CONSERVATION BANK ACT, SO AS TO DELETE A PROVISION WHICH PROVIDES THAT NO FURTHER DEED RECORDING FEES OR OTHER FUNDS MAY BE CREDITED TO THE CONSERVATION BANK TRUST FUND IN ANY YEAR WHEN A MAJORITY OF STATE AGENCY APPROPRIATIONS ARE REDUCED IN THE ANNUAL GENERAL APPROPRIATIONS ACT OR WHEN THE STATE BUDGET AND CONTROL BOARD IMPOSES ACROSS THE BOARD CUTS AND INSTEAD PROVIDE FOR A REDUCTION ON A PERCENTAGE BASIS IN THE AMOUNT OF DEED RECORDING FEES WHICH MAY BE TRANSFERRED TO THE TRUST FUND, AND TO EXTEND THE EXPIRATION DATE OF THE PROVISIONS OF LAW RELATING TO THE CONSERVATION BANK ACT AND OTHER RELATED DATES PERTAINING TO THE CLOSURE OF THE CONSERVATION BANK ACT AND CONSERVATION BANK FUND.

Amend Title To Conform

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

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, 2013 2023, 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 49 of the 1976 Code was not repealed until the South Carolina Conservation Bank Trust Fund is exhausted or July 1, 2016 2026, whichever first occurs. Any balance in that trust fund on July 1, 2016 2026, 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."

SECTION    2.    Beginning July 1, 2010, before the Conservation Bank Trust Fund or the Department of Natural Resources may acquire or accept real property on behalf of the State to be placed and held in a public program or to be put to a recreational or wildlife use by the general public, the department or conservation bank trust fund shall insure that a means is provided in the transaction agreements for the seller or donor, or department or trust fund, to reimburse the county and property taxing jurisdictions in the county in which the property is located for the ad valorem tax revenue lost each year as a result of removing the property from the property tax rolls.

SECTION    3.    This act takes effect upon approval by the Governor.