Current Status Bill Number:3635 Type of Legislation:Joint Resolution JR Introducing Body:House Introduced Date:19970312 Primary Sponsor:Labor, Commerce and Industry Committee HLCI 26 All Sponsors:Labor, Commerce and Industry Committee Drafted Document Number:gjk\20327ac.97 Residing Body:Senate Current Committee:Banking and Insurance Committee 02 SBI Subject:Regulation No. 2069, Financial Institutions Board, Adjustment of dollar amounts, Banks and Savings and Loan
Body Date Action Description Com Leg Involved ______ ________ _______________________________________ _______ ____________ Senate 19970320 Introduced, read first time, 02 SBI referred to Committee House 19970319 Read third time, sent to Senate House 19970318 Read second time House 19970312 Introduced, read first timeView additional legislative information at the LPITS web site.
INTRODUCED
March 12, 1997
H. 3635
S. Printed 3/12/97--H.
Read the first time March 12, 1997.
TO APPROVE REGULATIONS OF THE BOARD OF FINANCIAL INSTITUTIONS, RELATING TO ADJUSTMENT OF DOLLAR AMOUNTS, DESIGNATED AS REGULATION DOCUMENT NUMBER 2069, PURSUANT TO THE PROVISIONS OF ARTICLE 1, CHAPTER 23, TITLE 1 OF THE 1976 CODE.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. The regulations of the Board of Financial Institutions, relating to adjustment of dollar amounts, designated as Regulation Document Number 2069, and submitted to the General Assembly pursuant to the provisions of Article 1, Chapter 23, Title 1 of the 1976 Code, are approved.
SECTION 2. This joint resolution takes effect upon approval by the Governor.
SUMMARY AS SUBMITTED BY PROMULGATING AGENCY.
The proposed Regulation 15-63 indicates the dollar amounts in Section 34-29-140(a)(2) and (a)(3) which shall adjust by increasing ten percent. This section changed as indicated on July 1, 1996, in accordance with Sections 34-29-140(j) and 37-1-109.