South Carolina General Assembly
116th Session, 2005-2006

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H. 4794

STATUS INFORMATION

General Bill
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

3/9/2006

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

A 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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