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Sponsors: Reps. Cato, Sandifer, Harrell, Coleman, Anderson, Bailey, Bales, Bannister, Battle, Bingham, Bowers, Branham, G. Brown, J. Brown, Ceips, Chellis, Clark, Clemmons, Clyburn, Coates, Cooper, Dantzler, Duncan, Edge, Emory, Funderburk, Hagood, Haley, Hardwick, Hayes, Hinson, Hiott, Huggins, Jefferson, Jennings, Leach, Loftis, Lucas, Mahaffey, McGee, McLeod, Merrill, Miller, J.H. Neal, Ott, Parks, Perry, Phillips, Pinson, E.H. Pitts, M.A. Pitts, Rice, Rutherford, Scarborough, Scott, Sinclair, Skelton, D.C. Smith, G.M. Smith, G.R. Smith, Stewart, Talley, Taylor, Thompson, Umphlett, Vick, Weeks, White, Whitmire, Witherspoon, Young, J.M. Neal, Agnew and J.R. Smith
Document Path: l:\council\bills\gjk\20939sd06.doc
Companion/Similar bill(s): 1238
Introduced in the House on March 9, 2006
Currently residing in the House Committee on Labor, Commerce and Industry
Summary: Nuclear electric generating station
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number ------------------------------------------------------------------------------- 3/9/2006 House Introduced and read first time HJ-26 3/9/2006 House Referred to Committee on Labor, Commerce and Industry HJ-26 3/14/2006 House Member(s) request name added as sponsor: Agnew, J.R.Smith
View the latest legislative information at the LPITS web site
VERSIONS OF THIS BILL
TO AMEND SECTION 58-31-200, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO JOINT OWNERSHIP OF A NUCLEAR ELECTRIC GENERATING STATION IN FAIRFIELD COUNTY, SO AS TO PROVIDE THAT NEW NUCLEAR GENERATION UNITS AT THE SITE ARE AUTHORIZED AND TO ALLOW THESE UNITS TO BE JOINTLY OWNED BY THE SOUTH CAROLINA PUBLIC SERVICE AUTHORITY WITH PRIVATELY OWNED ELECTRIC UTILITIES.
Whereas, the areas where the South Carolina Public Service Authority provides wholesale and retail electric service are experiencing substantial growth; and
Whereas, the South Carolina Public Service Authority is considering new base load generation options for meeting the growth of its customers; and
Whereas, the Energy Policy Act of 2005 passed by Congress has made the option of nuclear power and its benefits viable again; and
Whereas, the South Carolina Public Service Authority and the South Carolina Electric and Gas Company jointly own the VC Summer Station in Fairfield County, which became operational in 1982; and
Whereas, this joint ownership has been successful, evidenced by VC Summer Station's outstanding safety and reliability record as well as the recent relicensure of the facility by the Nuclear Regulatory Commission; and
Whereas, there is a sufficient record concerning the construction and operation of VC Summer Nuclear Station upon which an evaluation of the likelihood of the successful and safe construction and operation of additional nuclear generation units can be made; and
Whereas, the existing generation, transmission, and security infrastructure at the VC Summer Station and the proven, positive relationship between the South Carolina Public Service Authority and South Carolina Electric and Gas Company make the Fairfield County site economical for the South Carolina Public Service Authority and South Carolina Electric and Gas Company to utilize if they decide to jointly build new nuclear generation units; and
Whereas, the South Carolina General Assembly authorized through legislation the joint ownership of the VC Summer Station, which was originally designed to include several nuclear generation units; and
Whereas, further legislative authority is desired to confirm that new nuclear generation units are authorized at the VC Summer Station under the current statutory language and to allow additional joint owners at the site, if necessary. Now, therefore,
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 58-31-200 of the 1976 Code is amended to read:
"Section 58-31-200. The South Carolina Public Service Authority shall have the power to become a joint owner with
South Carolina Electric and Gas Company of a proposed nuclear electric generating station one or more privately owned electric utilities in existing or future nuclear electric generation units, and related transmission facilities, to be constructed on a site at or near Parr Shoals in Fairfield County and specifically the power to plan, finance, acquire, own, operate, and maintain an undivided a joint ownership interest in such plant and facilities necessary or incidental to the generation and transmission of electric power generated at the plant, and to make such plans and enter into such contracts or other agreements as are necessary or convenient for the planning, financing, acquisition, construction, ownership, operation, and maintenance of the plant and facilities; provided, however, that the Public Service Authority shall own a percentage of the plant and facilities Public Service Authority's joint ownership interest shall be equal to the percentage of the money furnished or the value of property supplied by it for the acquisition and construction of the plant and facilities and shall own and control a like percentage of the electrical output thereof; provided, further, that the Public Service Authority shall be severally liable, in proportion to its joint ownership share of interest in the plant and facilities, for the acts, omissions or obligations performed, omitted or incurred by South Carolina Electric and Gas Company the operator or other owners of the plant while acting as the designated agent of the Public Service Authority for purposes of constructing, operating, or maintaining the plant and facilities or any of them, but shall not otherwise be liable, jointly or severally, for the acts, omissions, or obligations of South Carolina Electric and Gas Company the operator or other owners of the plant; nor shall any money or property of the Public Service Authority be credited or otherwise applied to the account of South Carolina Electric and Gas Company the operator or other owners of the plant, or be charged with any debt, lien, or mortgage as a result of any debt or obligation of South Carolina Electric and Gas Company the operator or other owners of the plant."
SECTION 2. This act takes effect upon approval by the Governor.
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