Bill 3772

                    Current Status

Bill Number:                    3772
Ratification Number:            49
Act Number:                     20
Type of Legislation:            General Bill GB
Introducing Body:               House
Introduced Date:                19970401
Primary Sponsor:                Kirsh
All Sponsors:                   Kirsh, Meacham, Simrill,
                                Moody-Lawrence, McCraw, Delleney and
                                Littlejohn 
Drafted Document Number:        pt\1072dw.97
Companion Bill Number:          597
Date Bill Passed both Bodies:   19970410
Governor's Action:              S
Date of Governor's Action:      19970423
Subject:                        York County Natural Gas Authority,
                                may purchase and hold land for sale,
                                Fuel

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

------  19970509  Act No. A20
------  19970423  Signed by Governor
------  19970417  Ratified R49
Senate  19970410  Read third time, enrolled for
                  ratification
Senate  19970409  Read second time
Senate  19970408  Unanimous consent for second
                  and third reading on the next two
                  consecutive Legislative days
Senate  19970408  Introduced, read first time,
                  placed on Calendar without reference
House   19970403  Read third time, sent to Senate
House   19970402  Read second time
House   19970401  Introduced, read first time,
                  placed on Calendar without reference

(A20, R49, H3772)

AN ACT TO AMEND ACT 959 OF 1954, AS AMENDED, RELATING TO THE CREATION OF THE YORK COUNTY NATURAL GAS AUTHORITY, SO AS TO AUTHORIZE THE AUTHORITY TO PURCHASE AND HOLD LAND FOR SALE AT A LATER DATE TO ONE OR MORE INDUSTRIAL CUSTOMERS.

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

Legislative findings

SECTION 1. As incident to the adoption of this act, the General Assembly makes the following findings:

(1) The York County Natural Gas Authority (the authority) was created pursuant to Act 959 of the Acts and Joint Resolutions of the General Assembly of the State of South Carolina for the year 1954, as last amended by Act 193 of 1995 (Act 959). The authority is presently authorized to purchase, lease, acquire, build, construct, maintain, and operate natural gas distribution systems within its service area and such transmission lines as may be necessary to transport natural gas to these distribution systems from transmission lines owned by the South Carolina Pipeline Company and other sources. The service area of the authority includes all of York County and certain portions of Cherokee County.

(2) In order to enhance the authority's ability to provide natural gas to customers within its service area at competitive rates, the General Assembly has determined that the authority should be authorized to purchase and hold land for sale to new and expanding industries. This authorization will allow the authority to assist in the recruitment of large industrial users of natural gas.

Powers

SECTION 2. Section 4(d) of Act 959 of 1954, as last amended by Act 193 of 1995, is further amended to read:

"(d) acquire, purchase, hold, use, lease, mortgage, sell, transfer, and dispose of any property, real, personal or mixed, or any interest thereon, including without limitation, the acquisition and holding of land for the purpose of selling it at a later date to one or more industrial customers of the authority;"

Time effective

SECTION 3. This act takes effect upon approval by the Governor.

Approved the 23rd day of April, 1997.