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Current Status Bill Number:View additional legislative information at the LPITS web site.4786 Type of Legislation:General Bill GB Introducing Body:House Introduced Date:20020221 Primary Sponsor:Meacham-Richardson All Sponsors:Meacham-Richardson and Cato Drafted Document Number:l:\council\bills\gjk\21020sd02.doc Residing Body:Senate Current Committee:Judiciary Committee 11 SJ Date of Last Amendment:20020404 Subject:Merchant plant, operation of; unlawful to dispose of certificate of environmental compatibility and public convenience and necessity or rights History Body Date Action Description Com Leg Involved ______ ________ ______________________________________ _______ ____________ Senate 20020529 Recommitted to Committee 11 SJ Senate 20020501 Committee report: Favorable with 11 SJ amendment Senate 20020409 Introduced, read first time, 11 SJ referred to Committee House 20020405 Read third time, sent to Senate House 20020404 Read second time, unanimous consent for third reading on Friday, 20020405 House 20020404 Amended House 20020403 Committee report: Favorable with 26 HLCI amendment House 20020221 Introduced, read first time, 26 HLCI referred to Committee Versions of This Bill Revised on April 3, 2002 - Word format Revised on April 4, 2002 - Word format Revised on May 1, 2002 - Word format
COMMITTEE REPORT
May 1, 2002
H. 4786
S. Printed 5/1/02--S.
Read the first time April 9, 2002.
To whom was referred a Bill (H. 4786) to amend the Code of Laws of South Carolina, 1976, by adding Section 58-33-115 so as to provide that no person shall give, sell, lease, etc., respectfully
That they have duly and carefully considered the same and recommend that the same do pass with amendment:
Amend the bill, as and if amended, page 1, beginning on line 27, as contained in SECTION 1, by striking lines 27 - 28 in their entirety and inserting therein the following:
/ SECTION 1. Section 58-33-130 of the 1976 Code is amended by adding a new subsection to read: /.
Renumber sections to conform.
Amend title to conform.
LARRY A. MARTIN for Committee.
EXPLANATION OF IMPACT:
The Public Service Commission indicates there will be no fiscal impact on the General Fund of the State or on federal and/or other funds.
Approved By:
Don Addy
Office of State Budget
TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 58-33-115 SO AS TO PROVIDE THAT NO PERSON SHALL GIVE, SELL, LEASE, ASSIGN, TRANSFER, MORTGAGE, PLEDGE, HYPOTHECATE, OR OTHERWISE DISPOSE OF A CERTIFICATE OF ENVIRONMENTAL COMPATIBILITY AND PUBLIC CONVENIENCE AND NECESSITY OR RIGHTS UNDER THE CERTIFICATE ISSUED BY THE PUBLIC SERVICE COMMISSION WITH RESPECT TO THE OPERATION OF A MAJOR UTILITY FACILITY KNOWN AS A "MERCHANT PLANT".
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 58-33-130(3) of the 1976 Code is amended by adding a new subsection (3) to read:
"(3) Upon receipt of an application to transfer a certificate for a major utility facility known as a 'merchant plant' pursuant to Section 58-33-110(2), the commission shall hold a hearing in the same manner as a hearing is held on an application for a certificate. For purposes of this subsection, a 'merchant plant' means a major utility facility, as defined in Article 3, Chapter 33, Title 58, not constructed by a utility currently serving retail customers in South Carolina and that does not have at least seventy-five percent of its generation capacity under a contract with a duration of at least ten years with utilities which provide retail electric service to customers in South Carolina."
SECTION 2. This act takes effect upon approval by the Governor.
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