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H. 3921
STATUS INFORMATION
General Bill
Sponsors: Rep. Clemmons
Document Path: l:\council\bills\nbd\11107sd17.docx
Introduced in the House on March 7, 2017
Currently residing in the House Committee on Judiciary
Summary: SC Anti-Money Laundering Act
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number
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3/7/2017 House Introduced and read first time (House Journal-page 75)
3/7/2017 House Referred to Committee on Judiciary
(House Journal-page 75)
View the latest legislative information at the website
VERSIONS OF THIS BILL
TO AMEND ACT 266 OF 2016, RELATING TO THE SOUTH CAROLINA ANTI-MONEY LAUNDERING ACT, SO AS TO REVISE THE ACT'S EFFECTIVE DATE IN ORDER TO GIVE IMMEDIATE EFFECT TO SPECIFIED PROVISIONS.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. SECTION 5 of Act 266 of 2016 is amended to read:
"SECTION 5. (A) Except as provided in subsection (B), this act takes effect one year after approval of this act by the Governor or upon the publication in the State Register of final regulations implementing the act, whichever occurs later. The commissioner is authorized to begin promulgating these regulations upon approval of this act by the Governor which shall take effect when this act takes effect as provided in this section.
(B) Notwithstanding the general effective date contained in subsection (A), the provisions of Section 35-11-740 of the 1976 Code, as added by SECTION 1, and the amended version of Section 14-7-1630(A) of the 1976 Code, as amended by SECTION 2, take effect upon approval by the Governor of the act containing this subsection."
SECTION 2. This act takes effect upon approval by the Governor.
This web page was last updated on
March 10, 2017 at 2:45 PM