South Carolina General Assembly
122nd Session, 2017-2018

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A148, R156, H4868

STATUS INFORMATION

General Bill
Sponsors: Rep. G.M. Smith
Document Path: l:\council\bills\cc\15212sa18.docx
Companion/Similar bill(s): 394, 3726

Introduced in the House on February 7, 2018
Introduced in the Senate on February 13, 2018
Passed by the General Assembly on March 22, 2018
Governor's Action: April 4, 2018, Signed

Summary: PEBA audit

HISTORY OF LEGISLATIVE ACTIONS

     Date      Body   Action Description with journal page number
-------------------------------------------------------------------------------
    2/7/2018  House   Introduced, read first time, placed on calendar without 
                        reference (House Journal-page 60)
    2/8/2018  House   Read second time (House Journal-page 16)
    2/8/2018  House   Roll call Yeas-115  Nays-0 (House Journal-page 16)
    2/8/2018  House   Unanimous consent for third reading on next legislative 
                        day (House Journal-page 17)
    2/9/2018  House   Read third time and sent to Senate (House Journal-page 1)
   2/13/2018  Senate  Introduced and read first time (Senate Journal-page 8)
   2/13/2018  Senate  Referred to Committee on Finance (Senate Journal-page 8)
   3/14/2018  Senate  Committee report: Favorable Finance 
                        (Senate Journal-page 13)
   3/20/2018  Senate  Read second time (Senate Journal-page 34)
   3/20/2018  Senate  Roll call Ayes-43  Nays-0 (Senate Journal-page 34)
   3/22/2018  Senate  Read third time and enrolled (Senate Journal-page 14)
    4/3/2018          Ratified R 156
    4/4/2018          Signed By Governor
    4/6/2018          Effective date 04/04/18
    4/9/2018          Act No. 148

View the latest legislative information at the website

VERSIONS OF THIS BILL

2/7/2018
2/7/2018-A
3/14/2018


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

(A148, R156, H4868)

AN ACT TO AMEND SECTION 9-4-40, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE AUDIT OF THE PUBLIC EMPLOYEE BENEFIT AUTHORITY, SO AS TO CHANGE THE DATE THE AUDIT MUST BE COMPLETED.

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

PEBA audit date extension

SECTION    1.    Section 9-4-40 of the 1976 Code, is amended to read:

"Section 9-4-40.    Every four years the State Auditor shall employ a private audit firm to perform a fiduciary audit on the South Carolina Public Employee Benefit Authority. The audit firm must be selected by the State Auditor. A report from the private audit firm must be completed by January 15, 2020, and every four years after that time. Upon completion, the report must be submitted to the Governor, the President Pro Tempore of the Senate, the Speaker of the House of Representatives, the Chairman of the Senate Finance Committee, and the Chairman of the House Ways and Means Committee."

Time effective

SECTION    2.    This act takes effect on July 1, 2018.

Ratified the 3rd day of April, 2018.

Approved the 4th day of April, 2018.

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This web page was last updated on April 17, 2018 at 12:14 PM