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S. 339
STATUS INFORMATION
General Bill
Sponsors: Senator Reese
Document Path: l:\council\bills\gjk\20080sd07.doc
Introduced in the Senate on January 24, 2007
Currently residing in the Senate Committee on Judiciary
Summary: Attorneys
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number ------------------------------------------------------------------------------- 1/24/2007 Senate Introduced and read first time SJ-14 1/24/2007 Senate Referred to Committee on Judiciary SJ-14 1/26/2007 Senate Referred to Subcommittee: Moore (ch), Ford, Mescher, Rankin, Scott 1/24/2008 Senate Referred to Subcommittee: Martin (ch), Ford, Ritchie, Knotts, Cleary
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VERSIONS OF THIS BILL
TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 40-5-36 SO AS TO PROVIDE THAT NO INTEREST ON FUNDS OF A CLIENT ON DEPOSIT IN A TRUST OR ESCROW ACCOUNT OF AN ATTORNEY LICENSED TO PRACTICE LAW IN THIS STATE MAY BE REMITTED TO THE SOUTH CAROLINA BAR PURSUANT TO THE RULE OF THE SUPREME COURT FOR USE IN PRO BONO BAR ACTIVITIES AND TO PROVIDE THAT FUNDING FOR THESE PRO BONO ACTIVITIES MUST BE PROVIDED TO THE JUDICIAL DEPARTMENT BY THE GENERAL ASSEMBLY IN THE ANNUAL GENERAL APPROPRIATIONS ACT IN THE MANNER THE GENERAL ASSEMBLY SHALL PROVIDE.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Chapter 5, Title 40 of the 1976 Code is amended by adding:
"Section 40-5-36. No interest on funds of a client on deposit in a trust or escrow account of an attorney licensed to practice law in this State may be remitted to the South Carolina Bar pursuant to the rule of the Supreme Court for use in pro bono bar activities. Funding for these pro bono activities must be provided to the judicial department by the General Assembly in the annual general appropriations act in the manner the General Assembly shall provide."
SECTION 2. This act takes effect upon approval by the Governor.
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