South Carolina General Assembly
112th Session, 1997-1998

Bill 3163


Indicates Matter Stricken
Indicates New Matter


                    Current Status

Bill Number:                       3163
Type of Legislation:               General Bill GB
Introducing Body:                  House
Introduced Date:                   19970114
Primary Sponsor:                   Townsend 
All Sponsors:                      Townsend 
Drafted Document Number:           jic\5186sd.97
Residing Body:                     House
Current Committee:                 Labor, Commerce and Industry
                                   Committee 26 HLCI
Subject:                           Holidays, Friday preceding
                                   Easter Sunday for banks



History


Body    Date      Action Description                       Com     Leg Involved
______  ________  _______________________________________  _______ ____________
House   19970114  Introduced, read first time,             26 HLCI
                  referred to Committee
House   19970108  Prefiled, referred to Committee          26 HLCI

View additional legislative information at the LPITS web site.


(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

A BILL

TO AMEND SECTION 53-5-55, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO HOLIDAYS FOR BANKS AND OTHER FINANCIAL INSTITUTIONS, SO AS TO INCLUDE THE FRIDAY IMMEDIATELY PRECEDING EASTER SUNDAY.

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

SECTION 1. Section 53-5-55 of the 1976 Code, as added by Act 62 of 1993, is amended to read:

"Section 53-5-55. Notwithstanding any other provision of law, in South Carolina holidays for banks and savings and loan institutions shall be those holidays observed by the Federal Reserve Bank, and also the Friday immediately preceding Easter Sunday.

In addition to the holidays provided for in this section, the Governor may declare any other day or days of the year legal holidays for the institutions affected by this section whenever the Governor finds such additional holiday or holidays to be necessary or appropriate."

SECTION 2. This act takes effect upon approval by the Governor.

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