South Carolina General Assembly
112th Session, 1997-1998

Bill 597


Indicates Matter Stricken
Indicates New Matter


                    Current Status

Bill Number:                       597
Type of Legislation:               General Bill GB
Introducing Body:                  Senate
Introduced Date:                   19970401
Primary Sponsor:                   Hayes 
All Sponsors:                      Hayes 
Drafted Document Number:           pt\1084dw.97
Companion Bill Number:             3772
Residing Body:                     Senate
Current Committee:                 York Delegation 87 SLD
Subject:                           York County Natural Gas
                                   Authority, may purchase and hold
                                   land to sell; Fuel



History


Body    Date      Action Description                       Com     Leg Involved
______  ________  _______________________________________  _______ ____________
Senate  19970408  Committed to York Delegation             87 SLD
Senate  19970401  Introduced, read first time,
                  placed on Calendar without reference

View additional legislative information at the LPITS web site.


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

Indicates Matter Stricken
Indicates New Matter

INTRODUCED

April 1, 1997

S. 597

Introduced by Senator Hayes

S. Printed 4/1/97--S.

Read the first time April 1, 1997.

A BILL

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:

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.

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 therein 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;"

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

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