South Carolina General Assembly
115th Session, 2003-2004

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Bill 463

Indicates Matter Stricken
Indicates New Matter

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

COMMITTEE REPORT

March 26, 2003

S. 463

Introduced by Senators Leatherman and Patterson

S. Printed 3/26/03--S.    [SEC 3/27/03 2:52 PM]

Read the first time March 11, 2003.

            

THE COMMITTEE ON FINANCE

To whom was referred a Bill (S. 463) to confirm the ownership by the South Carolina Department of Disabilities and Special Needs of real property described in Act 1645 of 1972, to direct the State Budget and Control Board, etc., respectfully

REPORT:

That they have duly and carefully considered the same and recommend that the same do pass:

HUGH K. LEATHERMAN, SR. for Committee.

            

STATEMENT OF ESTIMATED FISCAL IMPACT

ESTIMATED FISCAL IMPACT ON GENERAL FUND EXPENDITURES:

$0 (No additional expenditures or savings are expected)

ESTIMATED FISCAL IMPACT ON FEDERAL & OTHER FUND EXPENDITURES IS:

$0 (No additional expenditures or savings are expected)

EXPLANATION OF IMPACT:

The bill requires only the execution of a deed conveying property to DDSN and does not require any specific expenditure.

SPECIAL NOTES:

There is no impact on the General Fund of the State. Currently proceeds from the sale of this property would go to the State Sinking Fund. Enactment would allow proceeds to be retained by DDSN.

Approved By:

Don Addy

Office of State Budget

A BILL

TO CONFIRM THE OWNERSHIP BY THE SOUTH CAROLINA DEPARTMENT OF DISABILITIES AND SPECIAL NEEDS OF REAL PROPERTY DESCRIBED IN ACT 1645 OF 1972, TO DIRECT THE STATE BUDGET AND CONTROL BOARD TO DEED THE PROPERTY TO THE DEPARTMENT, AND TO ALLOW THE DEPARTMENT THE PROCEEDS OF ANY SALE OF THE PROPERTY.

Whereas, in Act 1645 of 1972, the General Assembly authorized the transfer from South Carolina Department of Mental Health to the South Carolina Department of Mental Retardation a tract of real property in Richland County of two hundred eighty-five acres and in that act provided a legal description of the property and a plat reference; and

Whereas, no deed was executed to accomplish this transfer; and

Whereas, for purposes of any subsequent transfer of the property it is necessary to confirm ownership of the tract by the South Carolina Department of Disabilities and Special Needs as the successor agency of the South Carolina Department of Mental Retardation and execute a deed conveying the property to the South Carolina Department of Disabilities and Special Needs; Now, therefore,

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

SECTION    1.    (A)    Upon execution of the deed as provided in subsection (B) of this section, ownership of the tract of real property in Richland County described in Section 1 of Act 1645 of 1972 is confirmed in the South Carolina Department of Disabilities and Special Needs as the successor agency to the South Carolina Department of Mental Retardation.

(B)    The State Budget and Control Board shall cause to be executed and recorded an appropriate deed conveying the tract to the South Carolina Department of Disabilities and Special Needs.

(C)    Proceeds of a subsequent sale of the tract that is the subject of this section may be retained by the South Carolina Department of Disabilities and Special Needs.

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

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