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AMENDED
February 2, 1999
H. 3062
S. Printed 2/2/99--H.
Read the first time January 12, 1999.
TO AMEND CHAPTER 11 OF TITLE 34, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO BANK DEPOSITS, BY ADDING SECTION 34-11-140 SO AS TO AUTHORIZE A STATE AGENCY TO ESTABLISH, COLLECT, AND RETAIN A FINE TO COVER THE COST OF COLLECTING A DISHONORED CHECK.
Amend Title To Conform
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Chapter 11 of Title 34 of the 1976 Code is amended by adding:
"Section 34-11-140. A state agency must attempt to collect a dishonored check returned to the agency as provided by Section 34-11-70 or Section 34-11-75. Collected revenues equal to the face amount of the dishonored check and the twenty-five dollar service charge may be retained and expended by the agency and any unused amount must be deposited in the general fund at the end of the fiscal year."
SECTION 2. This act takes effect upon approval by the Governor.
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