Current Status Introducing Body:House Bill Number:4551 Primary Sponsor:Kirsh Committee Number:30 Type of Legislation:GB Subject:Nonprofit corporation financed by federal loans Residing Body:House Current Committee:Ways and Means Companion Bill Number:1041 Date Tabled:19940405 Computer Document Number:BBM/10841JM.94 Introduced Date:19940119 Last History Body:House Last History Date:19940405 Last History Type:Tabled in Committee Scope of Legislation:Statewide All Sponsors:Kirsh Haskins Harvin Davenport Robinson Barber Vaughn Wells Snow Type of Legislation:General Bill
Bill Body Date Action Description CMN Leg Involved
____ ______ ____________ ______________________________ ___ ____________
4551 House 19940405 Tabled in Committee 30
4551 House 19940119 Introduced, read first time, 30
referred to Committee
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TO REPEAL SECTION 33-35-160, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE DECLARATION THAT NO CORPORATION ORGANIZED UNDER CHAPTER 35 OF TITLE 33 (NONPROFIT CORPORATIONS FINANCED BY FEDERAL LOANS) SHALL BE EXEMPT FROM TAXATION BY REASON OF ANY PROVISION OF THAT CHAPTER.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 33-35-160 of the 1976 Code is repealed.
SECTION 2. This act takes effect upon approval by the Governor.