Current Status Introducing Body:
SenateBill Number: 1023Ratification Number: 318Act Number: 305Primary Sponsor: MacaulayType of Legislation: GBSubject: Water Quality Revolving Fund Authority ActDate Bill Passed both Bodies: 19940302Computer Document Number: JIC/5339HC.94Governor's Action: SDate of Governor's Action: 19940316Introduced Date: 19940112Date of Last Amendment: 19940224Last History Body: ------Last History Date: 19940316Last History Type: Act No. 305Scope of Legislation: StatewideAll Sponsors: MacaulayType of Legislation: General Bill
Bill Body Date Action Description CMN Leg Involved ____ ______ ____________ ______________________________ ___ ____________ 1023 ------ 19940316 Act No. 305 1023 ------ 19940316 Signed by Governor 1023 ------ 19940310 Ratified R 318 1023 Senate 19940302 Concurred in House amendment, enrolled for ratification 1023 House 19940301 Read third time, returned to Senate with amendment 1023 House 19940224 Amended, read second time 1023 House 19940209 Recalled from Committee 30 1023 House 19940118 Introduced, read first time, 30 referred to Committee 1023 Senate 19940114 Read third time, sent to House 1023 Senate 19940113 Read second time 1023 Senate 19940112 Unanimous consent for second and third reading on the next two consecutive Legislative days 1023 Senate 19940112 Introduced, read first time, placed on Calendar without referenceView additional legislative information at the LPITS web site.
(A305, R318, S1023)
AN ACT TO AMEND SECTION 48-5-170, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO FAILURE OF A PROJECT SPONSOR TO MAKE PAYMENTS TO THE SOUTH CAROLINA WATER QUALITY REVOLVING FUND AUTHORITY SO AS TO PROVIDE THAT THE PROVISIONS OF THIS SECTION SHALL NOT APPLY TO CERTAIN COUNTIES UNDER SPECIFIC CONDITIONS.
Be it enacted by the General Assembly of the State of South Carolina:
Provisions not applicable to certain counties
SECTION 1. Section 48-5-170 of the 1976 Code is amended to read:
"Section 48-5-170. If at any time a project sponsor fails to effect the punctual payment of an amount payable by the project sponsor to the authority pursuant to a loan agreement or other agreement between the project sponsor and the authority, the State Treasurer shall, upon notification by the authority of the failure by the project sponsor to make the payment, and subject to the withholding of amounts pursuant to Article X, Section 14, Paragraph (5) of the Constitution of this State, withhold from the project sponsor sufficient monies from a state appropriation to the project sponsor and apply so much as necessary to the payment of the amount. All appropriations for project sponsors are subject to the provisions of this section.
This section shall not apply to a county which, prior to July 15, 1992, has adopted a referendum pursuant to Article VIII, Section 16 of the Constitution, that contains specific restrictions which would prevent the county from receiving a loan from the fund due soley to the foregoing provisions of this section."
SECTION 2. This act takes effect upon approval by the Governor.
Approved the 16th day of March, 1994.