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Bill 3805

                    Current Status

Bill Number:                      3805
Type of Legislation:              General Bill GB
Introducing Body:                 House
Introduced Date:                  19990331
Primary Sponsor:                  Sheheen
All Sponsors:                     Sheheen
Drafted Document Number:          l:\council\bills\kgh\15417htc99.doc
Residing Body:                    House
Current Committee:                Ways and Means Committee 30 HWM
Subject:                          Savannah Valley Authority, outstanding 
                                  indebtedness of; repayment to Insurance 
                                  Reserve Fund, repealed


                        History

Body    Date      Action Description                     Com     Leg Involved
______  ________  ______________________________________ _______ ____________
House   19990331  Introduced, read first time,           30 HWM
                  referred to Committee


                             Versions of This Bill

TO REPEAL JOINT RESOLUTION 210 OF 1987 RELATING TO THE PURCHASE OF NOTES ISSUED BY THE SAVANNAH VALLEY AUTHORITY BY THE INSURANCE RESERVE FUND AND TO PROVIDE FOR THE REPAYMENT OF EXISTING INDEBTEDNESS.

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

SECTION 1. Joint Resolution 210 of 1987 is repealed. Outstanding indebtedness of the Savannah Valley Authority to the Insurance Reserve Fund on the effective date of this act must be repaid pursuant to its terms.

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

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