Current Status Bill Number:770 Type of Legislation:Joint Resolution JR Introducing Body:Senate Introduced Date:19950420 Primary Sponsor:Rose, All Sponsors:Rose, Mescher, Greg Smith, Richter and Passailaigue Drafted Document Number:RES9713.MTR Residing Body:Senate Current Committee:Judiciary Committee 11 SJ Subject:Public Service Authority, property
Body Date Action Description Com Leg Involved
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Senate 19950420 Introduced, read first time, 11 SJ
referred to Committee
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TO DIRECT THE SOUTH CAROLINA PUBLIC SERVICE AUTHORITY TO SUBMIT A REPORT TO THE GENERAL ASSEMBLY FOR ITS APPROVAL CONTAINING PROPOSALS FOR THE DISPOSITION OF THESE ASSETS PRIOR TO THE SALE OF REAL PROPERTY ALONG THE SHORES OF LAKES MARION AND MOULTRIE.
Whereas, the South Carolina Public Service Authority owns real property on Lakes Marion and Moultrie; and
Whereas, a portion of this property has been leased for homesites, recreation purposes, and other leisure activities; and
Whereas, the South Carolina Public Service Authority has determined that leased property will be sold; and
Whereas, the sale of the leased property may create a significant financial hardship on many of the lease holders; and
Whereas, as a matter of public policy, it is appropriate for the General Assembly to determine the manner in which state resources and assets are managed, as well as to protect the interests of its citizens who have entered into contractual arrangements with an entity established by an act of the General Assembly. Now, therefore,
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. The South Carolina Public Service Authority must submit a report to the General Assembly for its approval prior to the sale of real property currently leased along the shores of Lakes Marion and Moultrie. This report must include recommendations and information about the need and the desirability of this sale, and various options or alternative plans for the General Assembly to consider, including, but not limited to, a phase-in of the sales so as to minimize the number of relocations or displacements of current leaseholders. If necessary and appropriate for a fair and equitable disposition of the real property, the report may include recommendations for statutory changes to authorize the sales plan or plans presented in the report.
The plan or plans for sale of this property should take into account the length and terms of the various leases, improvements and value added by the leaseholders, the age and the economic status of the leaseholders, and other factors, so as to provide a reasonable opportunity for all current leaseholders to purchase their leasehold property. These factors also must take into account the need for a fair return to the State on behalf of other taxpayers in the disposition of the state's assets.
SECTION 2. The report must be submitted to the General Assembly no later than January first of 1996. The General Assembly may approve the report, or an option or alternative presented in the report, including any amendment thereto, or it may direct the Public Service Authority to submit further options should those presented in the report not be acceptable.
SECTION 3. This act takes effect upon approval by the Governor.