South Carolina General Assembly
116th Session, 2005-2006

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S. 1239

STATUS INFORMATION

General Bill
Sponsors: Senators Campsen, Bryant, Cromer, Fair, Grooms, Knotts, Martin, McConnell, Peeler, Scott and Verdin
Document Path: l:\council\bills\gjk\20938sd06.doc

Introduced in the Senate on March 9, 2006
Currently residing in the Senate Committee on Transportation

Summary: Port operations

HISTORY OF LEGISLATIVE ACTIONS 

     Date      Body   Action Description with journal page number
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    3/9/2006  Senate  Introduced and read first time SJ-4
    3/9/2006  Senate  Referred to Committee on Transportation SJ-4

View the latest legislative information at the LPITS web site

VERSIONS OF THIS BILL

3/9/2006

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

A BILL

TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 54-3-145 SO AS TO PROVIDE THAT NO FOREIGN-OWNED OR CONTROLLED CORPORATION OR OTHER ENTITY MAY BE PERMITTED BY CONTRACT TO ENGAGE IN MANAGEMENT ACTIVITIES RELATING TO PORT OPERATIONS IN ANY PORT OF THIS STATE WITHOUT THE APPROVAL OF THE BUDGET AND CONTROL BOARD, AND TO PROVIDE THAT ANY CONTRACTUAL AGREEMENT EXECUTED BETWEEN THE SOUTH CAROLINA STATE PORTS AUTHORITY AND A CORPORATION OR OTHER ENTITY TO ENGAGE IN MANAGEMENT ACTIVITIES RELATING TO PORT OPERATIONS AT ANY PORT OF THIS STATE, MUST CONTAIN A PROVISION WHICH PROVIDES THAT THE BUDGET AND CONTROL BOARD MUST APPROVE OF THE CONTINUATION OF THE CONTRACT IF THE CORPORATION OR OTHER ENTITY BECOMES FOREIGN-OWNED OR CONTROLLED OR IF THE CONTRACT IS ASSIGNED TO A FOREIGN-OWNED OR CONTROLLED CORPORATION OR ENTITY.

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

SECTION    1.    Chapter 3, Title 54 of the 1976 Code is amended by adding:

"Section 54-3-145.    No foreign-owned or controlled corporation or other entity may be permitted by contract to engage in management activities relating to port operations in any port of this State without the approval of the Budget and Control Board. Any contractual agreement executed between the South Carolina State Ports Authority and a corporation or other entity to engage in management activities relating to port operations at any port of this State, after the effective date of this section, must contain a provision which provides that the Budget and Control Board must approve of the continuation of the contract if the corporation or other entity becomes foreign-owned or controlled or if the contract is assigned to a foreign-owned or controlled corporation or entity."

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

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