South Carolina General Assembly
109th Session, 1991-1992

Bill 3797

                    Current Status

Introducing Body:               House
Bill Number:                    3797
Ratification Number:            225
Act Number:                     154
Primary Sponsor:                Hodges
Type of Legislation:            GB
Subject:                        State-chartered credit unions,
                                certain license fee exempt
Date Bill Passed both Bodies:   Jun 06, 1991
Computer Document Number:       436/11573.DW
Governor's Action:              S
Date of Governor's Action:      Jun 12, 1991
Introduced Date:                Apr 09, 1991
Date of Last Amendment:         May 16, 1991
Last History Body:              ------
Last History Date:              Jun 12, 1991
Last History Type:              Act No. 154
Scope of Legislation:           Statewide
All Sponsors:                   Hodges
Type of Legislation:            General Bill
History


 Bill  Body    Date          Action Description              CMN
 ----  ------  ------------  ------------------------------  ---
 3797  ------  Jun 12, 1991  Act No. 154
 3797  ------  Jun 12, 1991  Signed by Governor
 3797  ------  Jun 06, 1991  Ratified R 225
 3797  Senate  Jun 06, 1991  Read third time, enrolled for
                             ratification
 3797  Senate  Jun 05, 1991  Read second time, unanimous
                             consent for third reading on
                             Thursday, June 6
 3797  Senate  May 29, 1991  Recalled from Committee         06
 3797  Senate  May 23, 1991  Introduced, read first time,    06
                             referred to Committee
 3797  House   May 22, 1991  Read third time, sent to
                             Senate
 3797  House   May 16, 1991  Amended, read second time
 3797  House   May 08, 1991  Committee Report: Favorable     26
                             with amendment
 3797  House   Apr 09, 1991  Introduced, read first time,    26
                             referred to Committee
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(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

(A154, R225, H3797)

AN ACT TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 34-27-300 SO AS TO EXEMPT CREDIT UNIONS CHARTERED UNDER THE PROVISIONS OF SECTION 34-27-40 FROM BUSINESS LICENSE TAXES.

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

Credit unions exempted from business license taxes

SECTION 1. The 1976 Code is amended by adding:

"Section 34-27-300. Credit unions chartered under the laws of South Carolina pursuant to Section 34-27-40 are exempt from business license taxes."

Time effective

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

Approved the 12th day of June, 1991.