Current Status Bill Number:3042 Type of Legislation:General Bill GB Introducing Body:House Introduced Date:19950110 Primary Sponsor:Kirsh All Sponsors:Kirsh, Meacham, Richardson Drafted Document Number:BBM\9696JM.95 Residing Body:House Current Committee:Labor, Commerce and Industry Committee 26 HLCI Date of Last Amendment:19950315 Subject:Contractors, financial statement
Body Date Action Description Com Leg Involved ______ ________ _______________________________________ _______ ____________ House 19950405 Recommitted to Committee 26 HLCI House 19950315 Objection by Representative Quinn Rogers Wright Lloyd Herdklotz Kelley House 19950315 Objection by Representative Wilkes Inabinett House 19950315 Amended House 19950228 Debate adjourned until Tuesday, 19950307 House 19950222 Committee report: Favorable 26 HLCI House 19950110 Introduced, read first time, 26 HLCI referred to Committee House 19941214 Prefiled, referred to Committee 26 HLCIView additional legislative information at the LPITS web site.
Indicates Matter Stricken
Indicates New Matter
AMENDED--NOT PRINTED IN THE HOUSE
(L:\council\legis\amend\BBM\9949JM.95)
March 15, 1995
H. 3042
S. Printed 2/22/95--H.
Read the first time January 10, 1995.
TO AMEND SECTION 40-11-160, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE FINANCIAL STATEMENT REQUIRED TO LICENSE A CONTRACTOR, SO AS TO REQUIRE AN AFFIDAVIT OF FINANCIAL CONDITION INSTEAD OF A FINANCIAL STATEMENT.
Amend Title To Conform
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 40-11-160 of the 1976 Code is amended to read:
"Section 40-11-160. The board shall may not issue a license to any a contractor above at the Group 1 2 or 3 level as this is defined by regulation of the board until such the contractor furnished furnishes the board with a financial statement certified by a certified public accountant or a public accountant. The board may not issue a license to a contractor at the Group 1 Level or the Group 4 Level as defined by regulation of the board until the contractor furnishes the board with an affidavit by the contractor of his financial condition."
SECTION 2. This act takes effect upon approval by the Governor.