A bill

 

TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 58-7-10, RELATING TO THE RIGHTS, POWERS AND PRIVILEGES OF EMINENT DOMAIN VESTED WITH TELEGRAPH AND TELEPHONE COMPANIES THAT ARE CONFERRED ON PIPELINE COMPANIES SO AS TO PROVIDE THAT THE POWER OF EMINENT DOMAIN DOES NOT EXTEND TO PRIVATE, FOR-PROFIT PIPELINE COMPANIES, INCLUDING PUBLICLY TRADED FOR-PROFIT COMPANIES, THAT ARE NOT DEFINED WITHIN THIS TITLE AS A PUBLIC UTILITY.

 

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

 

SECTION 1.  Section 58-7-10 of the S.C. Code is amended by adding:

 

    (B) The provisions of this section and of Chapter 2, Title 28 do not apply to private, for-profit pipeline companies, including publicly traded for-profit companies, that are not defined within this title as a public utility.

 

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

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