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House Amendment 1
H 3075 - Session 125 (2023-2024)
Rural Infrastructure Authority
The Committee on Agriculture, Natural Res. and Environmental Affairs proposes the following amendment (LC-3075.PH0001H):
Amend the bill, as and if amended, by adding appropriately numbered SECTIONS to read:
SECTION X. Section 11-50-40(13) of the S.C. Code is amended to read:
(13) "Rural infrastructure project" means the acquisition, construction, installation, modification, renovation, repair, extension, renewal, replacement, or rehabilitation of land, interest in land, buildings, structures, facilities, or other improvements and the acquisition, installation, modification, renovation, repair, extension, renewal, replacement, rehabilitation, or furnishing of fixtures, machinery, equipment, furniture, or other property of any nature whatsoever used on, in, or in connection with any such land, interest in land, building, structure, facility, or other improvement, for the essential public purpose of providing environmental facilities and services to meet public health and environmental standards and to aid the development of trade, commerce, industry, agriculture, aquaculture, and employment opportunities, all of which must be primarily located in a county designated as distressed or least developedTier III or IV pursuant to Section 12-6-3360 for 2009in the year in which the loan or financial assistance is awarded, or located in a county with a project that otherwise meets the requirements of this item. A rural infrastructure project also includes water supply and aquaculture projects.
SECTION X.Section 1-11-26 of the S.C. Code is repealed.