S 587

  • South Carolina Senate Bill
  • 2021-2022 Regular Session
  • Introduced in Senate Apr 13, 2021
  • Passed Senate Apr 08, 2021
  • Passed House May 12, 2021
  • Signed by Governor May 17, 2021

Economic bond for conventions and trade shows

Abstract

AN ACT TO AMEND SECTION 11-41-75, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO ECONOMIC DEVELOPMENT BONDS FOR CONVENTIONS AND TRADE SHOWS, SO AS TO PROVIDE THAT THE PROVISIONS REQUIRING THE REIMBURSEMENT OF BOND PROCEEDS, PLUS INTEREST, UPON THE SALE OF A MEETING AND EXHIBIT SPACE ARE NOT APPLICABLE IF THE SALE PROCEEDS ARE USED IN THEIR ENTIRETY FOR A NEW MEETING AND EXHIBIT SPACE OF NOT LESS THAN FIFTY THOUSAND SQUARE FEET, OR TO REIMBURSE A STATE AGENCY, INSTRUMENTALITY, OR POLITICAL SUBDIVISION FOR THE ACQUISITION OR CONSTRUCTION OF A NEW MEETING AND EXHIBIT SPACE OF NOT LESS THAN FIFTY THOUSAND SQUARE FEET IF CONSTRUCTION OCCURRED PRIOR TO THE SALE OF THE ORIGINAL MEETING AND EXHIBIT SPACE, AND TO PROVIDE CONDITIONS UNDER WHICH THE EXEMPTION APPLIES. - ratified title

Bill Sponsors (1)

Votes


Actions


Jun 01, 2021

South Carolina Legislature

Act No. 58

South Carolina Legislature

Effective date 05/17/21

May 17, 2021

South Carolina Legislature

Signed By Governor

May 13, 2021

South Carolina Legislature

Ratified R 72

May 12, 2021

House

Read third time and enrolled

May 11, 2021

House

Read second time

House

Roll call Yeas-107 Nays-3

House

Requests for debate-Rep(s). King, Brawley, Pendarvis, Ott, Gilliard, Hosey, Bernstein, Wetmore, KO Johnson, R Williams, Henegan

May 06, 2021

House

Debate adjourned until Tues., 5-11-21

May 04, 2021

House

Committee report: Favorable Ways and Means

Apr 13, 2021

House

Referred to Committee on Ways and Means

House

Introduced and read first time

Apr 08, 2021

Senate

Read third time and sent to House

Apr 07, 2021

Senate

Roll call Ayes-43 Nays-0

Senate

Read second time

Mar 31, 2021

Senate

Committee report: Favorable Finance

Feb 23, 2021

Senate

Referred to Committee on Finance

Senate

Introduced and read first time

Bill Text

Bill Text Versions Format
2/23/2021 HTML
3/31/2021 HTML
5/4/2021 HTML
Filed VND.OPENXMLFORMATS-OFFICEDOCUMENT.WORDPROCESSINGML.DOCUMENT HTML

Related Documents

Document Format
No related documents.

Sources

Data on Open States is updated periodically throughout the day from the official website of the South Carolina Legislature.

If you notice any inconsistencies with these official sources, feel free to file an issue.