South Carolina General Assembly
120th Session, 2013-2014

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Bill 3504

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

COMMITTEE REPORT

March 21, 2013

H. 3504

Introduced by Reps. Delleney, Bedingfield, Toole, Loftis, Hamilton, Norman, Pitts and G.R. Smith

S. Printed 3/21/13--H.

Read the first time February 6, 2013.

            

THE COMMITTEE ON JUDICIARY

To whom was referred a Bill (H. 3504) to amend the Code of Laws of South Carolina, 1976, by adding Article 18 to Chapter 1, Title 1 so as to provide that gold and silver coins minted foreign, etc., respectfully

REPORT:

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

Amend the bill, as and if amended, by striking all after the enacting words and inserting:

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

"Article 18

Gold and Silver as Legal Tender

Section 1-1-1110.    To the full extent allowed by Article 1, Section 10, Clause 1 of the Constitution of the United States, gold and silver coins minted foreign or domestic shall be legal tender in the State of South Carolina under the laws of this State.

Section 1-1-1120.    No person or other entity may compel another person or other entity to tender or accept gold or silver coin unless agreed upon by the parties."

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

Renumber sections to conform.

Amend title to conform.

F. GREGORY DELLENEY, JR. for Committee.

            

A BILL

TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING ARTICLE 18 TO CHAPTER 1, TITLE 1 SO AS TO PROVIDE THAT GOLD AND SILVER COINS MINTED FOREIGN OR DOMESTIC SHALL BE LEGAL TENDER IN THIS STATE, AND TO PROVIDE THAT NO PERSON MAY COMPEL ANOTHER PERSON TO TENDER OR ACCEPT GOLD OR SILVER COIN UNLESS AGREED UPON BY THE PARTIES.

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

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

"Article 18

Gold and Silver as Legal Tender

Section 1-1-1110.    To the full extent allowed by Article 1, Section 10, Clause 1 of the Constitution of the United States, gold and silver coins minted foreign or domestic shall be legal tender in the State of South Carolina under the laws of this State.

Section 1-1-1120.    No person may compel another person to tender or accept gold or silver coin unless agreed upon by the parties."

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

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