South Carolina General Assembly
115th Session, 2003-2004

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A189, R216, H3900

STATUS INFORMATION

General Bill
Sponsors: Reps. Harrell, Wilkins, Cato, Keegan, Cooper, Loftis, Altman, Ceips, Clark, Clemmons, Dantzler, Duncan, Haskins, Herbkersman, Hinson, Huggins, Limehouse, Littlejohn, Mahaffey, Perry, M.A. Pitts, Richardson, Sandifer, Simrill, Skelton, J.R. Smith, Snow, Trotter, Umphlett, Whitmire, Witherspoon, Young, Cobb-Hunter, E.H. Pitts, Mack, J.H. Neal, Howard, Bales, Neilson, Owens, Talley, Bailey, White, Thompson and Whipper
Document Path: l:\council\bills\gjk\20330sd03.doc

Introduced in the House on April 1, 2003
Introduced in the Senate on April 29, 2003
Last Amended on March 9, 2004
Passed by the General Assembly on March 9, 2004
Governor's Action: March 16, 2004, Vetoed
Legislative veto action(s): Veto overridden

Summary: Venture Capital Investment Act

HISTORY OF LEGISLATIVE ACTIONS

     Date      Body   Action Description with journal page number
-------------------------------------------------------------------------------
    4/1/2003  House   Introduced and read first time HJ-15
    4/1/2003  House   Referred to Committee on Ways and Means HJ-16
    4/2/2003  House   Member(s) request name added as sponsor: Cobb-Hunter, 
                        E.H.Pitts, Mack, J.H.Neal, Howard
    4/9/2003  House   Committee report: Favorable with amendment Ways and 
                        Means HJ-14
   4/11/2003          Scrivener's error corrected
   4/22/2003  House   Member(s) request name added as sponsor: Bales, Neilson, 
                        Owens, Talley, Bailey
   4/22/2003  House   Requests for debate-Rep(s). Scott, Harrell, 
                        Moody-Lawrence, Hosey, Perry, Cato, Leach, Davenport, 
                        Coates, Sheheen, Altman, Young, Skelton, Clyburn, 
                        Hinson, JE Brown, McGee, Bailey, Lloyd and Sandifer 
                        HJ-43
   4/23/2003  House   Member(s) request name added as sponsor: White, 
                        Thompson, Whipper
   4/24/2003  House   Amended HJ-62
   4/24/2003  House   Read second time HJ-67
   4/24/2003  House   Roll call Yeas-100  Nays-0 HJ-67
   4/24/2003  House   Unanimous consent for third reading on next legislative 
                        day HJ-67
   4/25/2003  House   Read third time and sent to Senate HJ-5
   4/25/2003          Scrivener's error corrected
   4/29/2003  Senate  Introduced and read first time SJ-41
   4/29/2003  Senate  Referred to Committee on Finance SJ-41
    6/3/2003  Senate  Committee report: Favorable with amendment Finance SJ-43
    6/4/2003  Senate  Amended SJ-99
    6/4/2003  Senate  Read second time SJ-99
    6/4/2003  Senate  Ordered to third reading with notice of amendments SJ-99
    2/5/2004  Senate  Amended SJ-12
    2/5/2004  Senate  Read third time and returned to House with amendments 
                        SJ-12
    2/6/2004          Scrivener's error corrected
   2/11/2004  House   Non-concurrence in Senate amendment HJ-27
   2/12/2004  Senate  Senate insists upon amendment and conference committee 
                        appointed Leatherman, Leventis, O'Dell SJ-12
   2/17/2004  House   Conference committee appointed Reps. Harrell, McGee and 
                        Battle
    3/4/2004  House   Free conference powers granted HJ-67
    3/4/2004  House   Free conference committee appointed Reps. Harrell, 
                        Battle, and McGee HJ-69
    3/4/2004  House   Free conference report received and adopted HJ-70
    3/9/2004  Senate  Free conference powers granted SJ-22
    3/9/2004  Senate  Free conference committee appointed Sens. Leatherman, 
                        Leventis, O'Dell SJ-22
    3/9/2004  Senate  Free conference report received and adopted SJ-22
   3/10/2004  House   Ordered enrolled for ratification HJ-15
   3/10/2004          Ratified R 216
   3/16/2004          Vetoed by Governor
   3/18/2004  House   Veto overridden by originating body Yeas-92  Nays-17 
                        HJ-20
   3/18/2004  Senate  Veto overridden Yeas-46  Nays-0 SJ-7
   3/22/2004          Scrivener's error corrected
   3/29/2004          Copies available
   3/29/2004          Effective date 03/18/04
    4/5/2004          Act No. 189

View the latest legislative information at the LPITS web site

VERSIONS OF THIS BILL

4/1/2003
4/9/2003
4/11/2003
4/24/2003
4/25/2003
6/3/2003
6/4/2003
2/5/2004
2/6/2004
3/9/2004


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

(A189, R216, H3900)

AN ACT TO PROVIDE THAT THE PROCEEDS OF BONDS AUTHORIZED PURSUANT TO THE "SOUTH CAROLINA RESEARCH UNIVERSITY INFRASTRUCTURE ACT" ARE APPROPRIATED AND AUTHORIZED TO BE EXPENDED FOR THE PURPOSES AND IN THE MANNER SET FORTH IN THAT ACT, INCLUDING THE COSTS OF ISSUANCE OF SUCH BONDS, AND TO PROVIDE THAT THE PROCEEDS OF BONDS AUTHORIZED PURSUANT TO THE AMENDMENTS TO THE STATE GENERAL OBLIGATION ECONOMIC DEVELOPMENT BOND ACT ARE APPROPRIATED AND AUTHORIZED TO BE EXPENDED FOR THE PURPOSES AND IN THE MANNER SET FORTH IN THAT ACT, INCLUDING THE COSTS OF ISSUANCE OF SUCH BONDS.

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

Specified bond proceeds appropriated and authorized to be expended

SECTION    1.    (A)    The proceeds of bonds authorized pursuant to the "South Carolina Research University Infrastructure Act", codified as Chapter 51 of Title 11 of the 1976 Code are hereby appropriated and authorized to be expended for the purposes and in the manner set forth in that act, including the costs of issuance of such bonds.

(B)    The proceeds of bonds authorized pursuant to the amendments to the State General Obligation Economic Development Bond Act, codified as Chapter 41 of Title 11 of the 1976 Code and contained in S.560 of 2004 (ratification number 212) are hereby appropriated and authorized to be expended for the purposes and in the manner set forth in that act, including the costs of issuance of such bonds.

Time effective

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

Ratified the 10th day of March, 2004.

Vetoed by the Governor -- 3/16/04.

Veto overridden by House -- 3/18/04.

Veto overridden by Senate -- 3/18/04.

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This web page was last updated on Monday, December 7, 2009 at 10:32 A.M.