South Carolina General Assembly
117th Session, 2007-2008

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S. 306

STATUS INFORMATION

General Bill
Sponsors: Senators Campsen, Grooms, Hutto, Courson, Drummond, Land, Lourie, Martin, Sheheen and McConnell
Document Path: l:\council\bills\bbm\9653htc07.doc

Introduced in the Senate on January 23, 2007
Currently residing in the Senate Committee on Finance

Summary: South Carolina Conservation Bank Act

HISTORY OF LEGISLATIVE ACTIONS

     Date      Body   Action Description with journal page number
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   1/23/2007  Senate  Introduced and read first time SJ-3
   1/23/2007  Senate  Referred to Committee on Finance SJ-3

View the latest legislative information at the LPITS web site

VERSIONS OF THIS BILL

1/23/2007

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

A BILL

TO AMEND ACT 200 OF 2002 ESTABLISHING THE SOUTH CAROLINA CONSERVATION BANK ACT AND PROVIDING SOURCES OF REVENUE FOR THE BANK, SO AS TO INCREASE FROM TWENTY-FIVE CENTS TO FORTY-FIVE CENTS THE PORTION OF EACH ONE-DOLLAR THIRTY-CENT STATE DEED RECORDING FEE THAT MUST BE CREDITED TO THE SOUTH CAROLINA CONSERVATION BANK TRUST FUND.

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

SECTION    1.    Section 3 of Act 200 of 2002 is amended to read:

"Section 3.    Notwithstanding the provisions of Section 12-24-90(B)(3) of the 1976 Code, effective July 1, 20032007, twenty-fiveforty-five cents of the one dollar thirty-cent state deed recording fee must be credited to the South Carolina Conservation Bank Trust Fund."

SECTION    2.    This act takes effect July 1, 2007.

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