Bill 3170

                    Current Status

Bill Number:                       3170
Type of Legislation:               Joint Resolution JR
Introducing Body:                  House
Introduced Date:                   19950110
Primary Sponsor:                   Govan 
All Sponsors:                      Govan, Simrill, Inabinett,
                                   Lloyd, Hines 
Drafted Document Number:           JIC\5181HTC.95
Residing Body:                     Senate
Date of Last Amendment:            19960523
Subject:                           Retirement at twenty-five
                                   years

Body    Date      Action Description                       Com     Leg Involved
______  ________  _______________________________________  _______ ____________

House   19960523  Senate amendments amended,
                  returned to Senate with amendment
House   19960521  Debate adjourned on Senate
                  amendments until Thursday,
                  19960523
House   19960516  Debate adjourned on Senate
                  amendments until Thursday,
                  19960521
House   19960515  Debate adjourned on Senate
                  amendments until Thursday,
                  19960516
House   19960514  Debate adjourned on Senate
                  amendments until Wednesday,
                  19960515
House   19960507  Debate adjourned on Senate
                  amendments until Tuesday, 19960514
House   19960502  Debate adjourned on Senate
                  amendments until Tuesday, 19960507
House   19960501  Debate adjourned on Senate
                  amendments until Thursday, 19960502
Senate  19960425  Read third time, returned to House
                  with amendment
Senate  19960424  Amended, read second time, 
                  unanimous consent for third reading 
                  on Thursday, 19960425
Senate  19960424  Recalled from Committee                  06 SF
Senate  19950425  Introduced, read first time,             06 SF
                  referred to Committee
House   19950421  Read third time, sent to Senate
House   19950420  Unanimous consent for third
                  reading on the next Legislative day
House   19950420  Amended, read second time
House   19950412  Committee report: Favorable with         30 HWM
                  amendment
House   19950110  Introduced, read first time,             30 HWM
                  referred to Committee
House   19941221  Prefiled, referred to Committee          30 HWM

AMENDED--NOT PRINTED IN THE HOUSE

(P:\AMEND\GJK\22918SD.96)

May 23, 1996

H. 3170

Introduced by REPS. Govan, Simrill, Inabinett, Lloyd and Hines

S. Printed 4/25/96--H.

Read the first time January 10, 1995.

A JOINT RESOLUTION

TO AUTHORIZE THE BUDGET AND CONTROL BOARD TO INCUR A LIMITED AMOUNT OF DEBT FOR A PERIOD NOT TO EXCEED EIGHT MONTHS FOR THE STATE HOUSE RENOVATION PROJECT AND TO REQUIRE THAT THE DEBT BE RETIRED FROM APPROPRIATIONS AUTHORIZED FOR THE STATE HOUSE RENOVATION PROJECT IN FISCAL YEAR 1996-97.

Amend Title To Conform

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

SECTION 1. The State Budget and Control Board shall conduct a study to determine the full costs and benefits of allowing members of the South Carolina Retirement System to retire at any age without penalty with at least twenty-five years of credited service. The study must address all actuarial issues raised by this proposal including the additional costs and options to meet those costs, and a thorough review of the potential benefits of the proposal, including any possible personnel expense reductions. The study should also include a review of other states' retirement benefit plans. The study shall address these issues with respect to both state and local government employers under the system. The study's findings and conclusions must be reported to the General Assembly no later than November 15, 1995.

SECTION 2. This joint resolution takes effect upon approval by the Governor.