Current Status Introducing Body:
HouseBill Number: 3750Primary Sponsor: McKayType of Legislation: HRSubject: T. S. Ragsdale Co., Inc.Date Bill Passed both Bodies: 19930428Computer Document Number: JMG/1044AC.93Introduced Date: 19930323Last History Body: HouseLast History Date: 19930428Last History Type: AdoptedScope of Legislation: StatewideAll Sponsors: McKay Keyserling Rogers M.O. Alexander Mattos Hodges Anderson Phillips McMahand McCraw Askins Canty G. Brown G. Bailey J. Brown Witherspoon Hines Harwell Neal Farr Elliott A. Young Wilkins Houck Boan Snow Neilson Cooper Kennedy Baxley Kinon Byrd Riser BarberType of Legislation: House Resolution
Bill Body Date Action Description CMN Leg Involved ---- ------ ------------ ------------------------------ --- ------------ 3750 House 19930428 Adopted 3750 House 19930422 Committee Report: Favorable 20 3750 House 19930323 Introduced, referred to 20 CommitteeView additional legislative information at the LPITS web site.
April 22, 1993
Introduced by REPS. McKay, Keyserling, Rogers, M.O. Alexander, Mattos, Hodges, Anderson, Phillips, McMahand, McCraw, Askins, Canty, G. Brown, G. Bailey, J. Brown, Witherspoon, Hines, Harwell, Neal, Farr, Elliott, A. Young, Wilkins, Houck, Boan, Snow, Neilson, Cooper, Kennedy, Baxley, Kinon, Byrd, Riser and Barber
S. Printed 4/22/93--H.
Read the first time March 23, 1993.
To whom was referred a House Resolution (H. 3750), to support T.S. Ragsdale Co., Inc., a privately owned company and one of the largest taxpayers in Florence County, etc., respectfully
That they have duly and carefully considered the same, and recommend that the same do pass:
THOMAS N. RHOAD, for Committee.
TO SUPPORT T. S. RAGSDALE CO., INC., A PRIVATELY OWNED COMPANY AND ONE OF THE LARGEST TAXPAYERS IN FLORENCE COUNTY, AS THE COMMISSION BUYER ON THE SOUTH CAROLINA FLUE-CURED AND BURLEY TOBACCO MARKETS.
Whereas, the members of the House of Representatives are concerned with the removal of T.S. Ragsdale Co., Inc., as the commission buyer on the South Carolina flue-cured and burley tobacco market; and
Whereas, T.S. Ragsdale Co., Inc., is the only South Carolina processing company and also one of the last small dealers in the United States to supply quality tobacco worldwide with a reputation for quality, service, and workmanship; and
Whereas, Brown & Williamson Tobacco Corp. (Export Leaf Tobacco Co.) of Louisville, Kentucky decided to use a North Carolina commission buyer instead of T.S. Ragsdale Co., Inc. The yearly economic loss to T.S. Ragsdale Co., Inc., will greatly affect not only this South Carolina business but will have a severe impact on South Carolina tobacco markets; and
Whereas, T. S. Ragsdale Co., Inc., began in 1939 under the leadership of T. S. Ragsdale, Sr. The company has tripled in size and is a large contributor to the quality of life in the Pee Dee area with it being one of the largest taxpayers in Florence County occupying about two million square feet of space and providing about 350 seasonal (June through February) jobs and 40 full-time jobs in the Pee Dee area; and
Whereas, in 1984, the General Assembly supported legislation that provides that inventories of unmanufactured tobacco stored in South Carolina's tobacco warehouses for shipment to a manufacturer in another state is not considered property used in this State and would not be taxed. In the event T. S. Ragsdale Co., Inc., is not reinstated as the commission buyer for Brown & Williamson Tobacco Corp. (Export Leaf Tobacco Company), in view of South Carolina's dire budgetary problems, it is highly feasible that this legislation will be repealed. Now, therefore,
Be it resolved by the House of Representatives:
That the members of the House of Representatives support the only South Carolina tobacco processing company and one of the last small dealers in the United States as the commission buyer for Brown & Williamson Tobacco Corp. (Export Leaf Tobacco Company).
Be it further resolved that a copy of this resolution be forwarded to Mr. T. E. Sandefur, Jr., President and CEO, Brown & Williamson Tobacco Corp., 1500 Brown & Williamston Tower, Louisville, KY 40232; T. S. Ragsdale Co., Inc., Lake City, SC; and to the members of the South Carolina Congressional Delegation.