Bill 3522

                    Current Status

Bill Number:                    3522
Ratification Number:            96
Act Number:                     29
Type of Legislation:            General Bill GB
Introducing Body:               House
Introduced Date:                19970225
Primary Sponsor:                Sharpe
All Sponsors:                   Sharpe, Riser, Witherspoon, Webb
                                and Barfield 
Drafted Document Number:        pt\2957dw.97
Date Bill Passed both Bodies:   19970416
Governor's Action:              S
Date of Governor's Action:      19970521
Subject:                        Warehouse receipt forms, use of
                                electronic warehouse receipts
                                authorized; Agriculture

Body    Date      Action Description                       Com     Leg Involved
______  ________  _______________________________________  _______ ____________

------  19970604  Act No. A29
------  19970521  Signed by Governor
------  19970515  Ratified R96
Senate  19970416  Read third time, enrolled for
                  ratification
Senate  19970416  Read second time, unanimous
                  consent for third reading on
                  Wednesday, 19970416
Senate  19970410  Committee report: Favorable              01 SANR
Senate  19970325  Introduced, read first time,             01 SANR
                  referred to Committee
House   19970321  Read third time, sent to Senate
House   19970320  Read second time, unanimous consent
                  for third reading on the next
                  Legislative day
House   19970319  Committee report: Favorable              20 HANR
House   19970225  Introduced, read first time,             20 HANR
                  referred to Committee

(A29, R96, H3522)

AN ACT TO AMEND SECTION 39-22-80, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO REQUIREMENTS FOR WAREHOUSE RECEIPT FORMS DESIGNED OR APPROVED BY THE COMMISSIONER OF AGRICULTURE, SO AS TO AUTHORIZE THE USE OF ELECTRONIC WAREHOUSE RECEIPTS.

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

Warehouse receipt forms

SECTION 1. Section 39-22-80 of the 1976 Code, as added by Act 436 of 1990, is amended to read:

"Section 39-22-80. The warehouse receipt forms must be designed or otherwise approved by the commissioner. All orders for the printing of warehouse receipts and bale tags must be preapproved by the department. The receipts must be numbered and the warehouse receiving the forms shall account for each receipt. The receipts may have the lithographed or engraved signature of the commissioner but they must be signed with pen and ink, indelible pencil, or mechanical device approved by the commissioner, by the authorized manager of the licensed warehouse. However, the Commissioner of Agriculture is authorized to accept and process Electronic Warehouse Receipts (EWR) from qualified providers, as defined by pertinent federal regulations governing EWR, and in so doing, is further authorized to exempt EWR from the provisions of this chapter to the extent these provisions are in conflict with pertinent federal regulations governing EWR, or to the extent that application of the provisions of this chapter renders acceptance and processing of EWR by the department impracticable."

Time effective

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

Approved the 21st day of May, 1997.