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H. 4254
STATUS INFORMATION
General Bill
Sponsors: Reps. Dillard, Hutto, Gunn, King, Brantley, Herbkersman, Long, Ott, Pinson, Cobb-Hunter, Agnew, Knight, Funderburk, Willis, Hamilton and D.C. Smith
Document Path: l:\council\bills\agm\19551ab10.docx
Introduced in the House on January 12, 2010
Currently residing in the House Committee on Labor, Commerce and Industry
Summary: Microbusiness or microenterprise
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number
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12/15/2009 House Prefiled
12/15/2009 House Referred to Committee on Labor, Commerce and Industry
1/12/2010 House Introduced and read first time HJ-47
1/12/2010 House Referred to Committee on Labor, Commerce and Industry
HJ-47
1/20/2010 House Member(s) request name added as sponsor: King, Brantley,
Herbkersman, Long, Ott, Pinson, Cobb-Hunter, Agnew,
Knight, Funderburk, Willis, Hamilton, D.C.Smith
View the latest legislative information at the LPITS web site
VERSIONS OF THIS BILL
TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 13-1-1780 SO AS TO DEFINE A MICROBUSINESS OR MICROENTERPRISE AS A SOLE PROPRIETORSHIP, PARTNERSHIP, OR CORPORATION THAT HAS FEWER THAN FIVE EMPLOYEES AND GENERALLY LACKS ACCESS TO CONVENTIONAL LOANS, EQUITY, OR OTHER BANKING SERVICES.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Article 11, Chapter 1, Title 13 of the 1976 Code is amended by adding:
"Section 13-1-1780. 'Microbusiness' or 'microenterprise' means a sole proprietorship, partnership, or corporation that has fewer than five employees and generally lacks access to conventional loans, equity, or other banking services."
SECTION 2. This act takes effect upon approval by the Governor.
This web page was last updated on Monday, October 10, 2011 at 12:23 P.M.